SEC Charges 21 Registered Investment Advisors and 6 Brokers Dealers

Securities and Exchange Commission (SEC) has fined and charged 21 registered investment advisors and six broker-dealers with failing to timely file and deliver customer relationship summaries, known as Form CRS.┬áThe penalties range from $10,000 to approximately $97,500. The SEC approved in June 2019 its four-part package regulations that aim to reform investment advice standards for …

SEC Charges 21 Registered Investment Advisors and 6 Brokers Dealers Read More ┬╗