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Form CRS

This is an example of a 4-page Form CRS for a dual registrant
This example features a two-column format
“It was very difficult” to condense it down to two pages
Some firms have already published their Form CRS. Here are some examples
Confluence sales personnel are compensated based on a portion of the fees paid to Confluence for advisory services, creating a conflict in that they have ...
Our affiliate may pass along certain transactional costs associated with acting as custodian for your account, but we do have the authority to waive these ...
Marilyn Cohen has over 35 years of investment management experience. See her complete background at ...
You should understand and ask us about these conflicts because they can affect the investment advice we provide you
Our financial professionals also have the ability to receive commissions from clients
Digital advisors and broker-dealers sprung up as a way to simplify the lives of ordinary investors. Now those companies that famously disrupted the financial services ...
This comes courtesy of Karen Huey of Professional Compliance Assistance in Woodstock, Ga.
Eliminate unnecessary words. Often, the word “that” can be scrubbed
The SRO will take the same approach outlined in the Commission's two risk alerts
Originally, the SEC slated Form CRS filings to begin in May
Examiners “may review records of the dates that each relationship summary was provided to retail investors to validate whether the firm has complied with the ...
These new FAQs were published by the SEC in April 2020
Examples of the areas the staff may focus on during examinations are discussed below
Clayton mentioned upcoming OCIE risk alerts related to examining for these new regulatory responsibilities
Jay Clayton
We believe that the June 30, 2020 compliance date for Reg BI and other requirements, including the requirement to file and begin delivering Form CRS, ...
This comes courtesy of The Plain Language Group in Charlotte, N.C.

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