SEC Unanimously Votes to Update Advertising Rules for the First Time in 40 Years
CONNOR EVANS—On December 22, 2020, for the first time in over 40 years, the SEC voted unanimously to modernize its rules governing the way investment advisers advertise their services. The 430-page amendment streamlines the current rules regarding advertising and cash solicitation into a single rule. The original rules were adopted to prevent investment advisers from […]