Series 14: 8.1.1. Form CRS

8.1.1. Form CRS

Broker-dealers and investment advisers are required to provide new customers with Form CRS, which is a 1–2-page summary of important information about the customer relationship presented in a Q&A format. New customers should receive a copy of Form CRS at the beginning of the relationship, so that the form can be used to compare broker-dealers and investment advisers. Form CRS must contain information about:

• The relationship and services

• Fees and costs

• Conflicts of interest

• Standard of conduct

• Disciplinary history of the firm and its professionals

• An