NSCP membership has concerns about SEC’s proposed rules on safeguarding assets

We spoke to NSCP CEO Lisa Crossley and consultant Colleen Diles about why their comment letter to the SEC over Rule 206(4)-2 amendments.

The National Society of Compliance Professionals (NSCP) has submitted a comment letter to the SEC addressing the regulator’s proposed amendments to Rule 206(4)-2, the Safeguards Rule, under the Investment Advisers Act of 1940.

The letter is meant to reflect the collective concerns of NSCP’s members, an organization made up mainly of

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