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Certain MMLIS and MSI advisory clients to invest in share classes of mutual funds in the Clearing Broker’s NTF and TF Programs that resulted in ...
BFC’s Form ADV Part 2A brochures disclosed that advisory clients “may incur” 12b-1 fees, and that because IARs “may receive 12b-1 fees … there is ...
By causing certain advisory clients to invest in share classes of mutual funds that charged 12b-1 fees or share classes of money market funds that ...
Paradigm routinely selected higher cost Class A shares instead of lower cost mutual fund share classes for which clients were eligible, and thereby avoided incurring ...
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 ...
This arrangement created an incentive for ISCA to leave client cash in one of these three cash options over other investments
First Heartland charged with breaching fiduciary duty for failing to disclose three types of compensation
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 ...
Coburn & Meredith also, by causing certain advisory clients to invest in share classes of mutual funds that paid 12b-1 fees, when fund share classes ...
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