Home Investment Advisers IA Rules & Regulatory Actions Failure to monitor risky ETFs leads to $900k SEC settlement

Failure to monitor risky ETFs leads to $900k SEC settlement

"This conduct was inconsistent with the prospectuses for the LETFs, which stated that the products carried unique risks, were designed to be held for no more than a single trading day, and required frequent monitoring"

Carl Ayers

May 4 2023

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