Assignments:
TQ 8.1:
- Conduct Internet research to locate the Investment Advisers Act of 1940 (the “Advisers Act”).
- Provide a link to the Act,
- Briefly summarize the Advisers Act’s definition of “investment adviser,” and name the section where it is
- Conduct Internet research to locate the Securities and Exchange Act of 1934 (the “34 Act”).
- Provide a link to the Act,
- Briefly summarize the Act’s general definitions of “broker” and “dealer,” and name the relevant sections where those terms are defined.
TQ 8.2:
- Identify three individuals, firms or industry groups that have expressed an opinion on the harmonization of the fiduciary standards of broker dealers and investment advisers and were cited by the Commission in the study referenced in this week’s assigned readings. (See attached SEC study)
- Provide a citation to the specific part of the study where the Commission describes the position of each individual, firm, or industry group.
- Also, please provide a link to the published position (i.e. in print or a speech), and a summary of each opinion.
- Of the opinions you cite, which one do you most agree with and why?
