TITLE

Compliance Costs Jump Ahead of New Regime

AUTHOR(S)
O'Connor, Colleen Marie
PUB. DATE
November 2005
SOURCE
Investment Dealers' Digest;11/14/2005, Vol. 71 Issue 43, p11
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the increase in compliance costs for investment advisers under the United States' Securities and Exchange Commission's Investment Advisers' Act. A survey conducted by the Investment Adviser Association and the CFA Institute indicate that asset managers are expanding staff and trying to raise funds for compliance initiatives. Investment advisers complain against increases in personnel and costs resulting from new regulation.
ACCESSION #
18850650

 

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