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What requirements do advisors need to meet to be exempt from the investor statement delivery requirement under the Custody Rule?

Does this only apply to advisors who have pooled investment vehicles?


Answers
  • Phil Jelsma
    August 24, 2019

    This is really a securities question and we typically answer tax issues on this forum.

  • Pat Cardwell
    August 25, 2019

    Wow, those are two very good questions that I haven't looked into with this investment. The custody rule, as you know, can present some very specific and difficult compliance issues.

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