The syndicate desk allocated oversubscribed bonds to orders for flippers ahead of institutional customer and dealer orders. RBC failed reasonably to implement the WSPs it ...
The Compliance Officer recommended to Horter that the rep be fired for effectively failing Horter Investment’s due diligence process. Horter rejected the Compliance Officer’s advice
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 ...
Without adequate policies, procedures, training, and supervision in place at Frontier, certain IARs failed to reasonably assess whether the Feeder Fund was suitable for each ...
The Commission’s complaint alleged that Bressman did not disclose to customers that he allocated stock trades in a way that favored himself and his family ...
Cantella’s revenue sharing was based on the amount of Cantella’s client assets in the Sweep Accounts. Cantella had a conflict of interest when it recommended ...
KMS lacked its own Incident Response Policy and used an Incident Response Policy tailored to a different Ladenburg subsidiary, which required completion of a particular ...
Cambridge did not require any other enhanced security measure to prevent similar compromises in the future, such as implementation of multi-factor authentication
The email account takeovers resulted in the exposure of Cetera Entities’ customers’ PII stored in the compromised email accounts. None of the compromised email accounts ...
The Commission is issuing this Request related to the use and development of digital engagement practices by firms on their digital platforms