SEC: Adviser Shortchanged Clients by Putting Interests of Affiliated Firms First

The SECs crackdown on conflicts of interest continues. This time the agency has accused a Virginia-based advisory firm of failing to meet its fiduciary duty to its clients by putting the interests of its parent company and an affiliated broker-dealer first.
Full contents of this article are only available to paid subscribers.

Please note: we are on a new platform and you may need to reset your password to recover your account. Click here for more details.

New to ACA Insight?

Subscribe today and receive a time-limited $200 discount!

Subscribers receive: 46 electronic issues conveniently e-mailed to your desktops each Friday; access to archives of past stories; and breaking news e-mails.

Subscribe today to the weekly news source for investment management and legal compliance professionals.