Date: June 23, 2017
Issue: Regulatory Reform
To: Diana Foley, Securities Adminstrator, Office of the Secretary of State
Filing Type: Letter
Details: The U.S. Chamber submitted a joint letter expressing concern on SB 383. This legislation, signed by the governor of Nevada, removes the exemption for broker-dealers, investment advisers, and sales representatives from the definition of "financial planner" thereby extending financial planner-specific duties and liabailities to them.