New Proposal from SEC and FinCEN Calls for Investment Advisers to Identify Customers: Implications for Personal Financial Planning
In a significant move to bolster financial transparency and combat illicit activities, the U.S. Securities and Exchange Commission (SEC) and the Financial Crimes Enforcement Network (FinCEN) have proposed new regulations requiring investment advisers to identify their customers. This proposal marks a crucial step towards enhancing the integrity of the financial system and ensuring that investment […]
