The SEC Brings Investment Advisor Info to the Web
National Underwriter (Life and Health Financial Services Edition) Online (10/01/01) p.3; Connolly, Jim

The Securities and Exchange Commission (SEC) has put up a new Web site at to allow consumers to access annual filings from 9,000 investment advisors, as an attempt to make such information more accessible to consumers. National American Securities Administrators Association (NASAA) spokesman Ashley Baker says that the page will eventually add more advisors, and most states are thinking about requiring registration through the electronic investment advisor registration depository, information from which will eventually be available on the SEC site, says NASSA associate counsel John Viator. Viewers can find general information about investor firms, specific data on fees, commissions, and assets, and other data. Consumer advocate Barbara Roper says that the site's information can be valuable to consumers if they read the explanations in the filings' schedules.

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