SEC RIA (registered investment consultant) license of the US Securities and Exchange Commission is a registered investment consultant in the United States. As a company specializing in investment consulting, it needs to apply for a license, which is regulated by the US Securities and Exchange Commission (SEC) or state securities departments. As the highest organ of American securities industry, SEC is an independent federal agency, which protects investors by supervising trading activities. A government committee established by the U.S. Congress supervises the securities market and protects the interests of investors.
In the United States, only institutions 156 or individuals with RIA licenses are qualified to provide 3780 securities product investment service advice to investors 699 1, provide investment reports on a regular basis, and at the same time, charge corresponding management fees and undertake entrusted responsibilities to customers. The scope of securities investment advice is quite extensive in the United States, including asset management, account management and financial services in the entire securities market. Therefore, the asset pool includes common securities such as stocks, creditor's rights, mutual funds and commodity futures, and hedge fund management and financial planning services are also defined as securities investment business.
Overview of American SEC RIA license plate
The SEC's approval of RIA is quite strict, and fund managers need to pass the investment consultant exam of Series65 (CFA and PFS licenses can be exempted). On this basis, it still needs to manage more than $654.38+billion in assets before it can be registered with the SEC (the assets registered by asset management companies in this state range from $25 million to $654.38+billion). On the other hand, the SEC's supervision of RIA is also very strict, requiring registered investment consultants to safeguard the interests of customers and not to deceive customers by improper means. First of all, we should maintain integrity with customers, make information disclosure completely open, and provide appropriate investment advice selflessly. Secondly, the management of assets needs to go through a third-party organization, and the use of each sum needs to be notified and recognized by customers. This "fiduciary responsibility" is an operating rule imposed on registered investment consultants according to relevant laws, so the interests of clients will be effectively protected.
In addition, the SEC will regularly supervise and inspect RIA. Mainly focus on the risk supervision of portfolio valuation, performance and asset audit; To supervise the legality of providing effective compliance policies and procedures; And publish the inspection results. It is through so many strict audits and supervision that overseas investment institutions can obtain RIA licenses. Therefore, for domestic investment institutions that have obtained this qualification, the investment professionalism and reliability of the platform are obvious. Under the influence of globalization, more investors tend to entrust assets to professional overseas investment institutions for management. Having an RIA license under the supervision of the US Securities and Exchange Commission (SEC) is the basic guarantee that investors can trust when choosing overseas investment institutions.
Analysis of gold content of American SEC RIA license plate
The US Securities and Exchange Commission, the highest department in the US financial and securities industry, has extremely strict application conditions, extremely transparent flaws, and its work in the financial industry in recent years, which has made the exposure of the US Securities and Exchange Commission more deeply rooted in the hearts of the people and won praise from all parties! More importantly. Moreover, the supervision scope of the SEC includes all listed companies in the United States, including all well-known large groups, which are supervised by the SEC. For this reason, the SEC has set off a banner for the global financial and securities industry! The SEC is the highest department in the global financial market, with the highest visibility and credibility.
Moreover, in recent years, digital currency enterprises and foreign exchange trading platforms, as the leading platforms, have been supervised by the SEC through acquisitions or applications, including well-known software companies headed by digital currency, such as Billion International, Bitland, Canaan, etc., and companies that are preparing to go public in the United States in the near future to make their transactions more legal and compliant. This trend makes more potential investors and existing investors, who were previously discouraged, more confident and willing to choose these digital currency enterprises and foreign exchange trading platforms.
Advantages of American SEC RIA license
1. Regulator: SEC is an independent quasi-judicial institution directly under the federal government of the United States, responsible for the supervision and management of American securities, and is the highest regulator of American financial and securities industry.
2. Wide business scope: Whether digital currency companies or foreign exchange platform enterprises, in order to expand their global business, build a complete trading system and attract more customers, SEC supervision is something that industry leaders must do.
3. High gold content: Jiasheng Group, Yingtong Securities, IG and FXCM, as the leaders of foreign exchange transactions, are all under the supervision of the SEC. They are all members of the world's largest foreign exchange dealers and listed companies.
4. High cost performance: SEC RIA license of the US Securities Regulatory Commission has no monthly dimension, no margin requirement and no pressure for later operation and maintenance. Compared with some small island licenses, it is cost-effective.