Examinations Enforcement: Settlement

Morgan Stanley failed to adopt and implement P&Ps reasonably designed to prevent and detect unauthorized externally-initiated ACH payments

The firm discovered malicious software had blocked access to its computer systems and data by encrypting data and programs within its network. The attack disrupted ...

Fair Invest and Parekh made untrue and misleading statements concerning the WBAs

Sometimes jumping on the bandwagon too quickly risks falling off

A substantial portion of the investment strategies that Invesco counted as ESG integrated could not consider ESG factors in making investment decisions because they were ...

Wahed failed to include any disclosure in the advertisement on its website stating that the athlete was not a current client, that compensation was provided ...

JP Morgan IM failed to adopt and implement adequate policies and procedures to prevent unlawful principal trades by its investment professionals during the Relevant Period ...

These proceedings arise from misleading disclosures that JP Morgan Securities used with brokerage customers investing in its “Conduit” products, which pooled customer money and invested ...

The onset of the COVID-19 pandemic resulted in highly stressed market conditions for commercial paper, debt securities issued by banks, and asset-backed securities, particularly for ...

The firm's brochure made no disclosure regarding the incentive for financial advisors to put and keep client assets in PM Program strategies to help the ...