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Examinations Enforcement: Settlement

Because these APFS registered representatives failed reasonably to investigate VXX, they did not understand how VXX works, the risks inherent in investing in VXX, or ...
Benjamin Edwards failed to implement advisory policies and procedures reasonably designed to prevent unsuitable recommendations that their retail advisory clients buy and hold the Complex ...
Without the benefit of the training required by the firm’s policies and procedures, certain of these Summit Financial IARs had a flawed understanding of VXX’s ...
Royal Alliance also failed to implement and reasonably design existing written policies and procedures that would safeguard against unsuitable investments in such products. For example, ...
This matter concerns the adviser's failure to adopt and implement P&Ps to prevent investments in two volatility-linked exchange-traded products that were not suitable for its ...
A private equity adviser in suburban Washington, D.C. will pay more than $1 million to settle SEC claims that it inadvertently overcharged its investors managements ...
The charges claim the parties "executed a scheme to misappropriate more than $2.7 billion and distribute the money as bribes and kickbacks to government officials ...
EDG did not incorporate the effects of these write downs into management fee calculations performed with respect to thirteen quarterly management fee payment dates during ...
The settlement closes one chapter, but the saga continues.
The Commission’s complaint alleged that Howard and a co-defendant raised approximately $4.1 million from about 20 investors—primarily former professional football players who were plaintiffs in ...
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