Just Wondering About How Compliance People Interpret New Forms

  So, the forms and the information they capture was that there would be greater clarity regarding the primary purpose of the account(s) as well as better depictions of investment objectives and tolerance for risk. Although I don’t know for sure, I think this might end up being a case of regulators needing to be careful what they wish for. The first time this concern came to me was when my firm’s senior compliance officer pointed out...