Form CRS

You can deliver your “amended” Form CRS or pass along the changes in another disclosure, such as your Form ADV brochure, Form ADV summary of ...

“CRS is a different beast,” said Anil Abraham. Anything disciplinary related affects your answer on the form. The SEC has been clear “if you have ...

The additional disclosure showing revised text or summarizing the material changes must be attached as an exhibit to the unmarked amended relationship summary

“In trying to reform the rules, the SEC actually made it worse” by adding to investor confusion

The SEC's Trading & Markets Division "will not recommend enforcement action to the Commission against broker-dealers that do not treat family offices that qualify as ...

There are now nearly 13,500 SEC-registered IAs managing $97.2 trillion in assets

Common mistakes included disclosures clouded with dense words or the use of generic, boilerplate or marketing language and advisers referring to themselves as “fiduciaries”

"OCIE, have been conducting initial examinations after the compliance date. Initial examinations of Reg BI and Form CRS have focused on assessing whether firms have made ...

While you must answer the form's disciplinary question, in a new twist, the FAQs provide permission to give separate answers for the firm and its ...

The new FAQs provide guidance on disclosing disciplinary histories on Form CRS