Investment Adviser Regulatory Enhancement and Disclosure Act of 1993

[AI summary unavailable — showing source text] Investment Adviser Regulatory Enhancement and Disclosure Act of 1993 - Amends the Investment Advisers Act of 1940 to authorize the Securities and Exchange Commission (SEC) to collect fees to cover specified costs of regulating investment advisers and their activities. Sets forth a sliding scale fee schedule. Authorizes the SEC to suspend the registration of any investment adviser for failure to pay the requisite fees. Directs the SEC to: (1) establish and periodically revise a schedule for the regular inspection of investment advisers; and (2) report to the Congress on surveys regarding the failure of persons to register as mandated. Authorizes the SEC to designate registered self-regulatory organizations to: (1) conduct periodic compliance examinations of members and their affiliates; (2) discipline them for non-compliance; and (3) collect examination fees. Prohibits certain transactions by registered investment advisers, including the rendering of investment advice unsuitable to the client's financial situation and experience. Requires registered investment advisers to disseminate to clients and prospective clients brochures disclosing specified investor protection information. R…