SEC Rule 606 Endgame: The Guidance Is Out

https://tabbforum.com/opinions/sec-rule-606-endgame-the-guidance-is-out/

Chris Montagnino, Jordan & Jordan – The SEC staff released the long awaited and heavily anticipated guidance on Rule 606 to assist broker-dealers and the industry with implementation of the new disclosure requirements that were issued back in November 2018 and are scheduled to go into effect on Oct. 1, 2019. There are 32 detailed questions and responses available for your reading pleasure on the SEC website, and if the thought of slogging through the minutiae of the requirements appeals to you, have at it (and please get yourself some help). If you prefer a five-minute read with a consolidated synopsis of the most salient aspects of the guidance and potential impact, you’ve clicked on the correct link.

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Author: Chandler

https://www.linkedin.com/in/chandlerparis/