Financial Planning Email Newsletter: Quick win for keeping home addresses off BrokerCheck (August 26, 2024)

Quick win for keeping home addresses off BrokerCheck

Wall Street Insider

August 26, 2024

By Dan Shaw Reporter

It's good to know that at least some reasonable regulatory changes can win quick approval without months and months of debate.

That's what happened with a new rule that will let advisors keep their addresses out of BrokerCheck if they work from home. FINRA submitted the proposal on June 27 and the SEC gave it the green light within days.

Normally, such approvals only come after months of discussion and frequent revisions to the original proposal. Witness FINRA's other remote-work related rules.

But here was a "noncontroversial" proposal that seemingly everyone thought reasonable. No need to delay something like that.

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Quick win for keeping home addresses off BrokerCheck

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