3235-AL27 201604 Unified Agenda of Federal Regulatory and Deregulatory Actions 3235 Securities and Exchange Commission SEC Personalized Investment Advice Standard of Conduct

Section 913 of the Dodd Frank Act grants the Commission authority under the Exchange Act and Advisers Act to adopt rules establishing a uniform fiduciary standard of conduct for broker-dealers and investment advisers when providing personalized investment advice about securities to retail customers. The Commission issued a public request for information to obtain further data and other information to assist it in determining whether or not to use the authority provided under section 913 of the Dodd Frank Act.  The Division is considering recommending, jointly with the Division of Trading and Markets, that the Commission propose a new rule for a uniform fiduciary standard of conduct for broker-dealers and investment advisers when providing personalized investment advice about securities to retail customers.

]]> Substantive, Nonsignificant Previously Published in The Unified Agenda Proposed Rule Stage Undetermined No 17 CFR 275.211(g)-1 (new) 15 U.S.C. 80b-211(g) No ANPRM 03/07/2013 78 FR 14848 ANPRM Comment Period End 07/05/2013 NPRM 04/00/2017 Undetermined None Undetermined www.sec.gov/rules/other/2013/34-69013.pdf No No Emily Russell Division of Trading and Markets 3235 Securities and Exchange Commission SEC 202 551-5500 russelle@sec.gov 100 F Street NE, Washington DC 20549 Holly Hunter-Ceci Division of Investment Management 3235 Securities and Exchange Commission SEC 202 551-6825 hunter-cecih@sec.gov 100 F Street NE, Washington DC 20549