Home Examinations Enforcement: Settlement

Examinations Enforcement: Settlement

Prior to SoFi Wealth’s decision to move client assets into the new SoFi ETFs, and prior to the transfer itself, SoFi Wealth did not perform ...
It has to be embarrassing for CCOs at firms recently cited for failing to file required Form CRSs, which could explain why more than one ...
IA hid fees, discipline from investors, SEC claims
This arrangement created an incentive for ISCA to leave client cash in one of these three cash options over other investments
Failing to disclose this compensation made her statements about the investments misleading because a reasonable investor would consider her compensation as bearing on her objectivity ...
First Heartland charged with breaching fiduciary duty for failing to disclose three types of compensation
Beginning in December 2020, USAFS converted its clients from existing money market funds used in Sweep Accounts that paid revenue sharing to USAFS, to different ...
First Heartland had a conflict of interest when recommending certain money market funds to its clients: it had an incentive to recommend cash sweep products ...
Instead of monitoring compliance with Integral’s customer-specific suitability WSPs, Ho merely directed the Integral RRs to have the Customers sign the firm’s standard risk disclosure ...
Another HJS RR recommended the purchase of over $49,000 in VRSPs to an 87-year-old customer with a moderate risk tolerance, an investment objective of income, ...
rcw
rcw

Copyright PEI Media

Not for publication, email or dissemination