Host of fiduciary duty violations leads to fines against adviser and rep

Without adequate policies, procedures, training, and supervision in place at Frontier, certain IARs failed to reasonably assess whether the Feeder Fund was suitable for each client. Consequently, certain clients with low risk tolerances and conservative trading preferences invested in the Feeder Fund

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.