Mutual Funds

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by registered investment adviser LPL Financial LLC in connection with its mutual fund ...

Mutual funds typically offer investors different types of shares or “share classes.” Each share class represents an interest in the same portfolio of securities with ...

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by registered investment adviser Investacorp Advisory Services, Inc. in connection with its mutual ...

In determining to accept Respondent’s offer, the Commission considered that Respondent self-reported its conduct to the Commission pursuant to the SCSD Initiative. In addition, the ...

At times during the Relevant Period, Respondent did not disclose adequately to its clients either in its Forms ADV or otherwise its and/or its associated ...

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by registered investment adviser Cantella & Co., Inc., in connection with its mutual ...

At times during the period January 1, 2014 to September 30, 2017 (the “Relevant Period”), Respondent purchased, recommended, or held for advisory clients mutual fund ...

Respondent was obligated to disclose all material facts to its clients, including any conflicts of interest between itself and/or its associated persons and its clients ...

Respondent purchased, recommended, or held for advisory clients mutual fund share classes that charged 12b-1 fees instead of lower-cost share classes of the same funds ...

These proceedings arise out of breaches of fiduciary duty and inadequate disclosures by registered investment adviser SA Stone Investment Advisors Inc. in connection with its ...