FYI: FAQs Issued Addressing Form CRS

FYI: The first FAQs addressing Form CRS have been posted on the SEC’s website, addressing 4 topics:

  • Format requirements for firms offering multiple services.
  • Meeting the “machine readability” formatting requirement.
  • Delivery requirements for existing clients/customers.
  • Pooled vehicle investors – are they “retail investors”?

One can expect that additional FAQs will be added to this list as firms gain more experience drafting Form CRS and additional questions are posed to the SEC Staff.

Form CRS FAQs:

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