SEC Launches New Investment Info Web Site
The Securities and Exchange Commission (SEC) and the North American Securities Administrators Association (NASAA) have announced the launch of a new Web site designed to provide information about money managers, financial planners, and other investment advisors.
Visitors to the Investment Adviser Public Disclosure Web site (IAPD) will be able to access registration documents filed by the 7,500 SEC-registered investment advisors and more than 1,700 state-registered advisors. In the coming months, information about more state-registered advisors will be available.
Documents available on the site include information about each adviser's business, advisory services and fees, and disciplinary problems that may have occurred during the past 10 years.
"Investors need to know who they're dealing with and IAPD will help them do just that, with just a click of a mouse," said NASSA president Joseph Borg.
Investors lacking Internet access may request copies of investment adviser registration statements by calling the SEC Public Reference Room at 202-942-8090 or by contacting their state securities regulator.
Voice of the Editor
Which isn’t completely true. I mean, occasionally I drop by when I manage to sneak out of the nonstop frat party over at Going Concern, but I’m mostly a wallflower over there. I’m happy to say that I’ve been given express permission (or explicit orders, if you like) to wander over here to AccountingWEB more often.
Why is that, you might ask? My job is to replace the irreplaceable Gail Perry as Editor-in-Chief. What does that mean? I don’t really know! I think it’ll be fun getting a feel for things, throwing in my own thoughts here and there, and listening to the discussions you’re having about the accounting profession.