Nearly $100k fine for Form CRS violations
EXAMS again contacted Paratus but this time to announce an examination relating to the firm’s failure to file Form CRS. Paratus finally filed Form CRS with the Commission on March 18, 2021, and the firm did not deliver Form CRS to its existing retail investor clients until March 9, 2021. In addition, Paratus failed to post Form CRS on its website until March, 2021