SEC considering treating index providers as investment advisers

Elliot Gulliver-Needham
clock • 1 min read

The US Securities and Exchange Commission is considering new rules that would treat index providers, model portfolio providers and pricing services as investment advisers. The regulator issued a request for comment on the issue that would see providers such as MSCI, S&P Global and FTSE Russell, treated as giving investment advice rather than merely information and data. SEC chair Gary Gensler stated on Wednesday (15 June) that changes in the industry, such as the growth of index trackers and the increased number of specialised indices, have left indexes "increasingly influential". ...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?