The NYT today summarized the political background on the proposed Investment Advisers Modernization Act here:

My Colleague, Jennifer Taub (Vermont) testified in the House Subcommittee on Financial Services in this context and was kind enough to cite some of my work:

Investment Advisers Modernization Act of 2016

Here the two perhaps most relevant empirical findings on the Investment Advisers Modernization Act of 2016:

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2629386

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2629347

 

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Published by Wulf Kaal - Professor, Book Author, Consultant

Professor Wulf A. Kaal is a professor of law and a leading authority on emerging decentralized technology. He authored over 100 articles and several books.

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