In 2020, the Securities and Exchange Commission (SEC) marketing compliance rules were updated for the investment advisor marketing industry. The SEC makes the marketing rules and regulations that companies must adhere to. Organizations that should comply with these standards work or operate in:
- Securities industry (including investment advisors and companies, and brokers)
- Municipal advisors
- Mutual funds
- Participants or members of Systems Compliance and Integrity entities who obtain information about particular events
The government carefully monitors the actions and progress of these mentioned entities at criminal, federal, civil, self-regulatory, regulatory, and state levels. Without a doubt, SEC regulations are strict and thorough. But, these compliance rules protect investors from fraud and scams.