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Best Execution

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 ...
Elad Roisman
Many have struggled to define “best execution” and an SEC Commissioner would like to see the Commission add some clarity. Elad Roisman is urging the ...
Elad Roisman
Commissioner Roisman pits market structure against market dynamics
These proceedings arise as a result of registered investment adviser LWM’s breaches of fiduciary duty and disclosure failures in connection with its recommendation and investment ...
Completing the Commission’s standards of conduct rulemaking remains “a top priority” for SEC Chairman Jay Clayton. In an address April 8 at the annual SEC ...
These proceedings arise out of improper mutual fund share class selection practices by registered investment adviser PPS and its majority owner, Lawrence Nicholas Passaretti. From ...
These proceedings arise from breaches of fiduciary duty and inadequate disclosures by TFS, a registered investment adviser and broker-dealer, Parker and Hartley in connection with ...
A peer shares an Excel file the adviser uses to "score" its broker-dealers as part of its best execution review
L&C’s policies and procedures did not include any factors it considered when selecting a broker for its clients or how it obtained the most favorable ...
Order routing and execution practices have morphed in a big way over the past 18 years as technology and innovation have yielded securities markets that ...
Harbour failed to fully and fairly disclose to its advisory clients compensation it received under a marketing services agreement with a third-party broker-dealer (“Custodian A”) ...
FWA failed to disclose that it had a conflict of interest as a result of the additional compensation it received for those share class selection ...
That new OCIE risk alert represents only the latest effort by the SEC to drill into firms their obligation to seek best execution (IA Watch, ...
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