Return to search

Best execution failures cost adviser more than $1 million

These disclosures that commission rates charged “may” not be the “lowest,” the “absolute lowest,” or even “not the lowest” failed to fully and fairly disclose all material facts concerning the conflicts .... [that were] much higher than other broker-dealers charges for similar services, and omit to tell clients that lower commission arrangements were freely available at other broker-dealers

To read this article, you need to sign in.

You should only be asked to sign in once. Not the case? Click here

New to Regulatory Compliance Watch?

Register now to read this article and more for free.