Recent SEC Share Class Case Focuses on Wrap Fee Program
We’re sorry – you must be a member to view this content. Please log in.
July 29, 2022
Your Search Results
SEC Brings Share Class Selection Enforcement Action Involving Wrap Fee Accounts
We’re sorry – you must be a member to view this content. Please log in.
May 13, 2022
The SEC is suing a Missouri adviser for allegedly investing client assets in expensive mutual fund share classes to avoid paying transaction fees.
October 06, 2021
New SEC Share Class Disclosure Cases Involve Wrap Fee Programs, Expense-Sharing Agreement
New SEC Share Class Disclosure Cases Involve Wrap Fee Programs, Expense-Sharing Agreement Two Advisers Agree to Pay Over $3 Million to Settle Charges September 3, 2021 The SEC has...
September 03, 2021
SEC Adds Lack of Disclosure of Margin Interest Mark-Ups to Share Class-Related Violations
SEC Adds Lack of Disclosure of Margin Interest Mark-Ups to Share Class-Related Violations August 4, 2021 In another case that underscores the SEC’s harsher findings and penalties for share...
August 04, 2021
Dual-Registrant Pays Over $18 Million to Settle Charges Related to Wrap Fee Program Fees, Monitoring
Dual-Registrant Pays Over $18 Million to Settle Charges Related to Wrap Fee Program Fees, Monitoring, and Disclosures January 5, 2021 The SEC has fined a New Jersey-based dual-registrant over...
January 05, 2021
Dual-Registrant Pays Over $20 Million to Settle Share Class, Cash Sweep, and Illiquid Alt
Dual-Registrant Pays Over $20 Million to Settle Share Class, Cash Sweep, and Illiquid Alt December 28, 2020 The SEC has fined an Iowa-based dual-registrant over $20 million in connection...
December 28, 2020
SEC Fines Adviser $40 Million for Lack of Disclosure in Connection With Teachers’ Retirement Plans and Share Class Selection SEC Chair Clayton Reminds Public of Initiative to Protect Teachers’ Retirement...
August 11, 2020