What is the purpose of a trade association in the investment world?

The purpose of a trade association in the investment world is to maintain a set of high standards for the financial industry. Trade associations provide a forum for the collaboration of investors, members of the financial services industry, and regulators. They promote high ethical standards in the industry, help investors make informed decisions, and provide advocacy for investors in the public and legislative arenas. Trade associations also serve to provide a unified voice for the industry to legislators and regulators, allowing them to have a more organized and effective voice on any financial regulations or laws. These organizations also provide education and networking opportunities for practitioners in the industry and serve as resources for research and policy. In Washington, trade associations help ensure that individual investors have access to reliable and accurate information regarding investments products, services and strategies. They help protect investors from fraud, provide resources for those who are considering an investing strategy and help establish a system of regulations and laws that are designed to help protect consumers. Trade associations in the investment world also strive to help create a strong and diverse investment community, one that is efficient, effective and has the best interest of investors and the financial services industry as a whole. They also strive to ensure that financial services providers offer a fair and reasonable range of products, services and strategies that meet the needs of all types of investors.

What is the purpose of a trade association in the investment world?

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