The U.S. Securities and Exchange Commission is hiring an outside company to help it analyze the marketing and delivery of financial products to individual investors.
The SEC has given a brief description of the study today in a notice in the Federal Register.
The SEC has published the notice because federal law requires it to seek public comments on any new “collections of information” and to seek approval for the collection from the Office of Management and Budget.
Members of the public have 60 days to comment on the financial products sales study.