Broker vs. Advisor Regulation Could Increase Compliance Costs by 20%

ROCKVILLE, MD, Jul 13 (MARKET WIRE) --
MarketResearch.com has announced the addition of TowerGroup's new report
"Broker vs. Advisor Regulation: It's the Principle of the Thing," to
their collection of Banking & Financial Services market reports. For more
information, visit
http://www.marketresearch.com/redirect.asp?progid=67618&productid=2270660.

TowerGroup anticipates a mix of rules-based and principles-based
regulation will finally settle the definition of broker and advisor.

The best scenario for regulatory reform entails examination of registered
investment advisors (RIAs) by the Financial Industry Regulatory Authority
(FINRA) and oversight by the Securities and Exchange Commission (SEC).

Any new regulatory reform could add 10-20% to compliance cost for RIAs and
would have the greatest impact on the firms with the least assets under
management. TowerGroup believes the brokerage industry will have ample
time to make the changes required by regulatory reforms promised by the
Obama administration, with vendors and service providers playing a more
critical role than ever before.

Technology suppliers that make customer, transactional, and financial data
more accessible to third parties will have the competitive advantage.

The larger platform providers have an opportunity to create additional
revenue with the RIAs by building out compliance outsourcing capabilities
beyond the consulting services RIAs offer today.

Topics covered in the report include...
Report Coverage
The Cost of Regulation
Cost Isn't the Only Issue
Expect a New Regulatory Structure
Business Impact of US Regulatory Reform
Technology Implications of New Regulatory Structure
Summary

For more information visit
http://www.marketresearch.com/redirect.asp?progid=67618&productid=2270660

Contact:
Gregg Kellett
MarketResearch.com
gkellett@marketresearch.com
240.747.3008

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