Update on Payments for Broker Research

Capitol Account – In a story about the upcoming expiration of the SIFMA no-action letter and congressional intervention, Healthy Markets President & CEO Tyler Gellasch is quoted: “Before the vote, Tyler Gellasch, the head of the Healthy Markets Association, had been raising concerns about the measure with congressional staff of both parties. Still, he’s ok with how things played out. “We’re grateful members of the committee heard investors’ concerns regarding a permanent extension and proposed both a more limited action and a more fulsome study,” Gellasch says.” (Full Story).

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