? The SEC and the North American Securities Administrators Association (NASAA) announced they will waive the initial setup and annual system fees paid by investment advisor firms to maintain the Investment Adviser Registration Depository (IARD) system. Separately, NASAA announced that for next year it will also waive those system fees paid by investment advisor representatives.
? The Financial Planning Association ran a full-page advertisement in USA Today on November 3, the day before the Presidential election, directing readers to the FPA’s public Web site, sending a message on how the “financial planning community through FPA can be a helpful catalyst for positive change in turbulent times.” The largest group of financial planners has also created a page on Facebook (facebook.com/pages/Financial-Planning-Association/47328037813), with a link from FPA’s consumer site, where consumers may ask questions of FPA member volunteers or participate in a discussion on the political impact on the economy or financial planning in an economic downturn.