Best Execution

STIS did not adequately inform its advisory clients of the conflicts of interest presented by its IARs’ share class selections and the receipt by STIS ...

A year after OCIE released a risk alert warning it would look at share class allocations, another adviser faces a multi-million dollar penalty for failing ...

Cadaret invested advisory clients in mutual fund share classes with 12b-1 fees instead of lower-fee share classes of the same funds that were available without ...

KMS Financial Services ($5.9B in AUM) in Seattle freely disclosed in its Form ADV that it had a relationship with a clearing broker. The dual-registrant’s ...

This matter concerns KMS, a dually-registered investment adviser and broker dealer that failed, in its capacity as an investment adviser, to disclose to its advisory ...

Maybe the fourth time’s the charm for Moloney Securities Co. and its President and Chief Investment Officer Joseph Medley, Jr. After three separate SEC examinations ...

The long-running case of Dennis Malouf may finally be nearing its end. SEC commissioners have unanimously decided to eject him from the business he has ...

For the first time, broker-dealers would be required to disclose their handling of institutional orders to customers should proposed rules approved July 13 by the ...

Jane Fry did little or no work at RSA or for FHC clients, did not have an RSA desk, phone, or computer and was rarely ...

From at least 2000 through at least August of 2011, The Bank of New York Mellon (“BNYM”) and its predecessors, The Bank of New York ...