SEC Brings Share Class Selection Enforcement Action Involving Wrap Fee Accounts
The SEC fines an adviser for best execution and disclosure violations for placing wrap fee program clients in more expensive share classes.
May 13, 2022
Tag: Conflicts
SEC Brings Share Class Selection Enforcement Action Involving Wrap Fee Accounts
The SEC fines an adviser for best execution and disclosure violations for placing wrap fee program clients in more expensive share classes.
May 13, 2022
New SEC Share Class Disclosure Cases Involve Wrap Fee Programs, Expense-Sharing Agreement
New SEC Share Class Disclosure Cases Involve Wrap Fee Programs, Expense-Sharing Agreement Two Advisers Agree to Pay Over $3 Million to Settle Charges September 3, 2021 The SEC has...
September 03, 2021
Dual-Registrant Pays Over $20 Million to Settle Share Class, Cash Sweep, and Illiquid Alt
Dual-Registrant Pays Over $20 Million to Settle Share Class, Cash Sweep, and Illiquid Alt December 28, 2020 The SEC has fined an Iowa-based dual-registrant over $20 million in connection...
December 28, 2020
Tags: 12b-1 Fees, Conflicts, Disclosure, Registered Funds, Revenue Sharing, SEC Enforcement, Share Class Disclosure, Trading
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