Form CRS

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

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.

Gain tips to help you polish off your new form