An investment adviser settled SEC charges for wrap fee account review and disclosure failures.
News & Insights
5 News Results
The SEC Division of Examinations identified compliance deficiencies by investment advisers that provide digital investment advisory services.
The SEC Office of the Investor Advocate identified "problematic products and practices" and summarized steps the agency and related self-regulatory organizations took to respond to investor concerns during the past year.
The SEC Office of Compliance Inspections and Examinations will focus on (i) retail investors, (ii) senior investors and (iii) market-wide risks.
The SEC settled charges against two investment advisory firms in conjunction with compliance failures within their wrap fee programs.