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A02476 Summary:
BILL NO | A02476A |
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SAME AS | SAME AS S02872-A |
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SPONSOR | Dinowitz (MS) |
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COSPNSR | Gottfried, Ortiz, Steck, Pichardo, Mosley, Blake, Seawright, Bichotte, Cook, Colton, Galef, Buchwald, Thiele |
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MLTSPNSR | Davila, Glick, Simon |
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Add Art 6 §§6-101 - 6-103, Gen Ob L | |
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Relates to mandating greater levels of disclosure by non-fiduciaries that provide investment advice; requires signed acknowledgement of disclosure informing clients that the advisor owes no fiduciary duty. |