In light of the growing popularity of digital investing platforms and increased scrutiny of these platforms by Congress, the SEC has released a broad request for information and public comment (RFI) on all matters related to the use of digital engagement practices and analytical and technological tools by broker-dealers and investment advisers.
The RFI includes 91 sets of questions, made up of approximately 410 questions in total, that are intended to:
- Help the SEC better understand and assess the use of digital engagement practices;
- Provide a forum for market participants to share perspectives on digital engagement practices; and
- Assist the