Brite Advisors USA, Inc has been permanently barred from acting as an investment adviser after settling SEC charges related to custody rule violations and undisclosed conflicts of interest.
The firm, which oversaw nearly $400m in client assets held by an affiliated Australian entity, failed to obtain required internal control reports
Register for free to keep reading.
To continue reading this article and unlock full access to GRIP, register now. You’ll enjoy free access to all content until our subscription service launches in early 2026.
- Unlimited access to industry insights
- Stay on top of key rules and regulatory changes with our Rules Navigator
- Ad-free experience with no distractions
- Regular podcasts from trusted external experts
- Fresh compliance and regulatory content every day