Investment Fraud Archives – Page 51 Of 88

SEC Fines Transamerica $2.9M For Retirement Business Conflicts

The SEC fined Transamerica Retirement Advisors LLC $2.9 million on January 17, 2025. This penalty came after claims that Transamerica hid conflicts of interest. The issue stemmed from bonus payments made to Transamerica’s staff. As a registered investment adviser, Transamerica should have been clear about these conflicts. The SEC’s action aims to make the financial […]

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Western Asset Mutual Fund Complaints: Investor Protection Guide

Western Asset Mutual Fund Complaints have become a hot topic for investors. These concerns stem from recent events involving the company’s funds. The Rosen Law Firm is looking into claims about misleading information given to the public. This probe covers several Western Asset funds, such as LAOIX, WATFX, and WACPX. A major issue arose when

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Utah’s Share: $320,000 in Edward Jones’ $17M Settlement

Edward Jones, a major financial services firm, agreed to pay $17 million to settle claims from 14 state regulators. This settlement came after a four-year probe into the company’s practices. The investigation found that Edward Jones front-loaded commissions for Class A mutual fund shares. This led to gaps in supervision within the firm. The settlement

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SEC Charges Arete Wealth and Associates in Illegal Securities Offering

In a shocking turn of events, the U.S. Securities and Exchange Commission (SEC) has unveiled charges against Arete Wealth Management LLC, Arete Wealth Advisors LLC, and several key individuals in connection with an illegal securities offering. This case exposes a web of fraud, registration violations, and compliance failures that have rocked the financial industry. The

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From Blackstone to JPMorgan: The $63M Lesson in Corporate Communication Compliance

Are you worried about keeping good records at work? Many people find it hard to follow all the rules. The SEC just fined 12 firms $63 million for not keeping proper records. This shows how serious the issue is. The SEC’s action targets firms that used personal devices for work talks. This blog will explain

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