Are Financial Institutions Ready to Take on Phases 2 and 3 of the CBR Regulations?

The level of preparedness in the industry for Phases 2 and 3 of the cost basis reporting (CBR) rules varies greatly — not only among various industry segments, but also among different firm sizes. Alex Camargo, an analyst in the securities and investments division at Celent, breaks out the status of implementations and general readiness in this brief video.

 

 

Posted in Bank Broker-Dealer, Bank Custodian, Clearing Firm, Full Service Broker-Dealer (Wirehouses and Regionals), Independent Broker-Dealer, Mutual Fund, Online Brokerage, Prime Brokerage, Scivantage Maxit, Transfer Agent, Trust, Videos and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , .