FPA v. SEC: What's Next?

Thompson, Duane
July 2007
Journal of Financial Planning;Jul2007Supplement, Vol. 20, p24
Academic Journal
The article discusses conflict between the Financial Planning Association and the United States Security and Exchange Commission. The conflict is due to challenges the association has made against Rule 202, which exempted fee-based brokerage programs from the Investment Advisers Act of 1940. The association believes that the elimination of the rule is a major step forward for advancing the standards associated with the profession of financial planning as well as for investor protection.


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