The Securities and Exchange Commission (SEC) announced charges against 26 broker-dealers, investment advisers, and dually-registered firms for widespread and longstanding failures to maintain and preserve electronic...more
8/20/2024
/ Broker-Dealer ,
Cease and Desist Orders ,
Civil Monetary Penalty ,
Electronic Communications ,
Enforcement Actions ,
Investment Adviser ,
Investment Advisers Act of 1940 ,
Recordkeeping Requirements ,
Securities and Exchange Commission (SEC) ,
Securities Exchange Act ,
Securities Regulation ,
Securities Violations
On April 12, 2024, the Securities and Exchange Commission announced settled charges against five registered investment advisers for violations of the Marketing Rule. The firms have agreed to settle and pay a combined $200,000...more