he Securities and Exchange Commission
will conduct a roundtable on May 23, 2000, to discuss a variety of issues relating to investment advisors currently on the Commission's agenda and to seek industry and public input.
The conference will bring together investment advisors, legal counsel to advisors, investor advocates, representatives from state regulatory bodies, representatives from the NASD
, and others to discuss these issues and offer their views.
Chairman Arthur Levitt
will open the roundtable with a keynote address, to be followed by a series of panel discussions moderated by officials from the Commission's Division of Investment Management
. Topics of discussion will include:
- modernization of advisor regulation;
- distinctions between advisers and broker-dealers;
- persons excluded from the definition of investment advisor;
- adviser trading practices, including the use of soft dollars and
the obligation to seek best execution;
- personal trading and other conflict of interest issues;
- pay-to-play practices;
- advertising and performance reporting; and
- technology and adviser regulation, including a new electronic
filing and registration system for advisors.
Stay ahead of the news ... Sign up for our email alerts now