Skip to Primary Navigation

Skip to main content

SEC sweep: Nine firms charged with Marketing Rule violations

Image of SEC Enforcement Director, Gurbir Grewal.
Gurbir Grewal Photo: Michael M. Santiago/Getty Images

Julie DiMauro

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

The SEC said the charged firms advertised hypothetical performance to mass audiences on their websites without having the required policies and procedures.


The US SEC announced charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the Marketing Rule, which was adopted by the SEC in December 2020.

All nine firms agreed to settle the SEC’s

, , , ,