Brochure Rule

Brochure Rule
Under the Investment Advisor's Act of 1940, the Brochure Rule requires federally registered investment advisors provide a written disclosure statement to their clients at specified times during the advisory process.

There are two ways in which an advisor can satisfy the rule:
1) the advisor can provide such disclosure by giving the client Part II of Form ADV.
2) the advisor can provide an actual brochure that contains the same information that would be found in Part II of Form ADV.

The disclosure statement includes information such as the advisor's business practices, educational background, services and fees, third-party compensation (if any), any broker-dealer affiliations, any legal/disciplinary actions against the investment advisor in last 10 years, and any financial conditions that could impair their ability to meet client commitments.


Investment dictionary. . 2012.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • International System of Units — SI redirects here. For other uses, see Si (disambiguation). Cover of brochure The International System of Units The International System of Units[1] (abbreviated SI from French: Système international d unités[2]) is the modern …   Wikipedia

  • Celsius — For other uses, see Celsius (disambiguation). Celsius temperature conversion formulae from Celsius to Celsius Fahrenheit [°F] = [°C] × 9⁄5 + 32 [°C] = ([°F] − 32) × 5⁄9 Kelvin… …   Wikipedia

  • Our Lady of La Salette — Location La Salette Fallavaux, France Date 19 September 1846 Witness …   Wikipedia

  • religion — religionless, adj. /ri lij euhn/, n. 1. a set of beliefs concerning the cause, nature, and purpose of the universe, esp. when considered as the creation of a superhuman agency or agencies, usually involving devotional and ritual observances, and… …   Universalium

  • Conflict of tort laws — Conflict of laws Preliminiarie …   Wikipedia

  • Tort (conflict) — In Conflict of Laws, the choice of law rules for tort are intended to select the lex causae by which to determine the nature and scope of the judicial remedy to claim damages for loss or damage suffered.HistoryThe first attempts to establish a… …   Wikipedia

  • The Apprentice (U.S. season 6) — Infobox Television The Apprentice season name = The Apprentice 6 first aired = January 7, 2007cite web | first= Steve | last= Rogers | coauthors= | title=NBC announces The Apprentice 6 won t premiere until January 2007 | date= 2006 05 15 |… …   Wikipedia

  • Speed limits in the United States — are set by each state or territory. Speed limits in the United States vary according to the type of road and land use. These speed limits do not exceed eighty miles per hour. Increments of five miles per hour are used. Additionally, these limits… …   Wikipedia

  • Wikipedia:Manual of Style/Dates and numbers — Shortcuts: WP:MOSNUM WP:DATE MOS:NUM This page is part of the Ma …   Wikipedia

  • LIBERALISM — Introduction Liberalism is an ideological and socio political movement uniting the adherents of representative government and freedom   of the individual in politics with freedom of enterprise in economics. It emerged in Western Europe in the age …   Encyclopedia of Judaism

Share the article and excerpts

Direct link
… Do a right-click on the link above
and select “Copy Link”