Investment Advisers.SEC Release 2000-38 provides that the SEC will conduct a roundtable on May 23, 2000, to discuss a variety of issues relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc investment advisers currently on its agenda and to seek industry and public input. The roundtable, which is open to the public, will last from 9 am to 5:30 pm. The SEC has several initiatives on its agenda for this year that promise to dramatically alter the regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. landscape for advisers. The conference will bring together investment advisers, legal counsel to advisers, investor advocates, representatives from state regulatory bodies, representatives from the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. and others to discuss these issues and offer their views. SEC Chairman Levitt will open the roundtable with a keynote address keynote address n. An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech. Noun 1. , to be followed by a series of panel discussions moderated by officials from the SEC's Division of Investment Management. Topics of discussion will include: * Modernization modernization Transformation of a society from a rural and agrarian condition to a secular, urban, and industrial one. It is closely linked with industrialization. As societies modernize, the individual becomes increasingly important, gradually replacing the family, of adviser regulation. * Distinctions between advisers and broker-dealers. * Persons excluded from the definition of investment adviser. * 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 Pay-to-play Attempts by municipal bond underwriting businesses to gain influence with political officials who decide which underwriters are awarded the municipality's business. practices. * Advertising and performance reporting. * Technology and adviser regulation, including a new electronic filing and registration system for investment advisers. [GRAPH OMITTED] |
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