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Announcement
Financial Planning Coalition Statement Against Investment Adviser Act of 2012
On April 25, 2012, the Coalition released a statement opposing the Investment Adviser Act of 2012, noting that creating an SRO for investment advisers would unnecessarily burden small business owners with additional costs, and suggesting that building on the SEC's existing infrastructure and experience is a better, more expedient, more effective and less costly option than creating an added layer of regulation.