NAIFA submitted comments to the Securities and Exchange Commission on issues surrounding the Commission’s forthcoming study on the standard of care governing broker-dealers and investment advisers.
The comments serve not only to respond to the SEC's questions, but also to provide the Commission with a clear understanding of the products and services NAIFA members provide their clients. These clients are the very investors the SEC seeks to protect. They are individuals, families and small businesses that NAIFA members serve every day. The point is: NAIFA members are Middle America and serve Middle America. They would not survive without client relationships built on trust and respect. NAIFA members serve their clients ethically and in their best interests - this ensures a vigorous level of investor protection that rivals any new standards that may be put in place.
Read NAIFA's comments, and thanks to all NAIFA members who submitted their own comments to the SEC over the last month.