Conflicts of Interest

G.A. Repple did not adequately disclose all material facts regarding its share class selection practices and the conflicts of interest that arose when it recommended ...

Fusion failed to retain emails sent from 2019 through mid-2021 for over 60% of its IARs, including client correspondence it was required to retain. It ...

Brighton did not disclose the incentives related to the Clearing Agreement to its advisory clients and prospective clients until June 2022 when it revised its ...

International Assets Advisers failed to provide full and fair disclosures regarding compensation and financial incentives that its affiliated B-D received from a clearing broker

Barclays twice self-reported violations of the rules relating to research analyst conflicts of interest leading to a $700K fine

The adviser failed to both adopt and implement P&Ps regarding investor communications that could have prevented the violations

An internal review found that some investors received material holdings and exposures information about the fund without compliance’s review and approval

The issues stemmed from failing to disclose conflicts in the firm's variable annuity and cash sweep money market fund selection practices, and making recommendations that ...

"I would note that under those current rules and interpretation, brokers and advisers cannot address these conflicts of interest through disclosure alone"

It may have taken 13 years, but the SEC has finally approved a rule Congress ordered it to promulgate in the 2010 Dodd-Frank law: prohibiting ...