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Best Execution

CSM to pay $260K for breaching fiduciary duty, not adequately disclosing conflicts, and failing to seek best execution
To meet this fiduciary obligation, HWIS was required to provide its advisory clients with full and fair disclosure that is sufficiently specific so that they ...
Three VALIC employees worked to steer union members to the advisory firm while being “deceptively identified” as union employees
In March of 2017, VFA disclosed for the first time the receipt of Revenue Sharing, but still did not fully and fairly disclose that conflict ...
Best ex has sat atop the agency’s list of issues for a long time
Large penalty even though dual registrant began reimbursing 12b-1 fees in 2016
The SEC was clear in detailing what was lacking from a disclosure standpoint
Check out this sample of a best execution policy
B-D agrees to pay $1.25 million penalty
These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by Founders, a dually-registered investment adviser and broker-dealer, in connection with its mutual ...

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