Sometimes, big companies get in trouble with the government. The government wants to know if they are following the rules. Western Asset Exec Takes Leave Around SEC Probe. Want to know more about what happened? Read on to find out! Key Takeaways Overview of the Allegations The SEC is looking into some serious accusations against […]
Western Asset Co-CIO On Leave Amid SEC Investigation Read More »
The Securities and Exchange Commission (SEC) has fined Merrill Lynch nearly $4 million for poor oversight of client investments. This action stems from issues with a strategy managed by Harvest Volatility Management LLC. Between March 2016 and April 2018, Merrill Lynch failed to monitor client investment limits properly. The SEC’s decision highlights the importance of
SEC Fines Merrill Lynch Over Harvest Volatility Management Read More »
Many older people find themselves in tricky situations with their savings. One issue is “Annuity Fraud Against Seniors“. Our firm has received many calls on this issue. If you or a loved one bought an annuity but were unaware of the fees and expenses, we may be able to help. Please contact us for a
Annuity Fraud: Retiree Sold Annuity Without Knowing The Fees Read More »
Stifel Financial Corp faced a hefty $35 million fine from the SEC. This penalty came because Stifel, Nicolaus & Co., its broker-dealer subsidiary, didn’t keep records of off-channel talks as required. On September 24, 2024, this news broke out. The fine is part of a larger look by the SEC into how firms manage electronic
Stifel Fined $35M By SEC For Bad Record Keeping Read More »
In a significant development for investors, the Securities and Exchange Commission (SEC) has announced settled charges against Vora Wealth Management, PLLC and its owner Dharmesh Virendra Vora. The charges stem from allegations that the firm invested client assets in high-risk structured notes, violating their fiduciary duty and failing to provide adequate risk disclosures. The Allegations
SEC Charges Vora Wealth Management and Owner for Unsuitable Investments Read More »