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Examinations Enforcement: Settlement

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 ...
The Commission’s complaint alleged that Bressman did not disclose to customers that he allocated stock trades in a way that favored himself and his family ...
Safeguards Rule P&Ps, implementation trip up eight firms
Cantella’s revenue sharing was based on the amount of Cantella’s client assets in the Sweep Accounts. Cantella had a conflict of interest when it recommended ...
KMS lacked its own Incident Response Policy and used an Incident Response Policy tailored to a different Ladenburg subsidiary, which required completion of a particular ...
Cambridge did not require any other enhanced security measure to prevent similar compromises in the future, such as implementation of multi-factor authentication
The email account takeovers resulted in the exposure of Cetera Entities’ customers’ PII stored in the compromised email accounts. None of the compromised email accounts ...
Investors would normally revel in investment earnings that could produce capital gains but the SEC notes in a new enforcement action that their adviser erred ...
JWCA, although eligible to do so, did not self-report this 12b-1 fee related conflict of interest to the Commission pursuant to the Division of Enforcement’s ...
In its Form ADV dated March 26, 2018, before NWA wound down its adviser services, NWA reported that it had $362 million in regulatory assets ...
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