Republicans on the House Financial Services subcommittee are retracting the issue of Registered Investment Advisor user fees, referencing the cost to small businesses. But the SEC maintains that it cannot conduct adequate RIA examinations without either charging user fees or delegating examination authority to an SRO that will charge user fees. The argument over user fees was prompted by the release, earlier this year, of the Dodd-Frank mandated SEC study on enhancing RIA examinations. Read this complete analysis of the impact at AdvisorFX (sign up for a free trial subscription with full access to all of the planning libraries and client presentations if you are not already a subscriber).
Posts Tagged ‘Treasury Board’
Republicans Balk at RIA User Fees
Posted by William Byrnes on July 25, 2011
Posted in Wealth Management | Tagged: Business, Canada, Food and Drug Administration, Medical device, Registered Investment Advisor, Tony Clement, Treasury Board, User fee | Leave a Comment »
William Byrnes' Tax, Wealth, and Risk Intelligence 