Applications from Swiss asset managers are being processed again in the USA

FINMA has announced that the US Securities and Exchange Commission (US SEC) will resume processing registration applications from Swiss asset managers.

Swiss institutions that offer investment advice and wealth management services and want to operate cross-border in the USA must register with the US SEC as Registered Investment Advisers. This registration requirement applies to all entities wishing to provide such services on the US market. However, the US SEC had suspended the processing of new registration applications for several years, which made market access more difficult for Swiss institutions.

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