The Securities and Exchange Commission is helping investors do their due diligence with improved public disclosure
Feb 2, 2016 @ 10:42 am | By Alessandra Malito | Investment News
The Securities and Exchange Commission is helping investors do their due diligence on advisers with the rollout of a redesigned public disclosure website that features easier background checks via smartphones and other devices.
The most prominent change for the Investment Adviser Public Disclosure search site is more convenient access to the latest Form ADV, as well as a sleeker look and user experience, said Owen Donley, chief counsel of the office of investor education and advocacy. The content has not changed.
“We wanted to make it easier,” Mr. Donley said. “One of our key messages is doing background checks and making sure you’re dealing with a financial professional.”
The time (at Blue Vault's 2nd Annual Broker Dealer Educational Summit) proved extremely informative.