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 gave a brief description of the study in a notice in the Federal Register.

The SEC 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.

The study “will involve collecting, categorizing, and analyzing empirical data regarding the marketing, sale and delivery of financial products, accounts, programs and services offered to individual investors by broker-dealers and investment advisers,” SEC officials report in the Federal Register.

Participation in the study will be voluntary, officials say.

“Participants in the study are expected to include broker-dealers, investment advisors, individual investors, investor advocates and industry groups,” officials say. “We estimate that there would be approximately 330 participants in the study.”

A copy of the notice is on the Web at Document Link