NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION™

Prepared Remarks of Stephen Brey for the SEC Investor Advisory Committee Regarding the Registered Investment Adviser Regulatory Framework

Date: March 2, 2023

Description: Written Statement of Stephen Brey, Staff Attorney for the State of Michigan Corporations, Securities, and Commercial Licensing Bureau and Co-Chair of the NASAA Investment Adviser Section Regulatory Policy and Review Project Group, at the March 2, 2023 U.S. Securities and Exchange Commission Investor Advisory Committee “Panel Discussion Regarding the Registered Investment Adviser Regulatory Framework”

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