FSI Files Amicus Brief in Independent Contractor Dispute

Last week, FSI filed an amicus brief in Taylor, et al. v. Waddell & Reed, Inc., et al. FSI‘s brief explains what the independent broker-dealer model is, how independent financial advisors function as independent contractors, and the broker-dealer supervision requirements of federal and state laws, and self-regulatory rules and regulations. The preservation of the independent contractor status of financial advisors remains one of FSI’s key advocacy issues.

This amicus brief is just one example of FSI’s advocacy efforts on this important issues.

Click here  to read the amicus brief.