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SEC enforcement update: Lessons on compensation-driven conflicts
Recent cases highlight the SEC’s continuing focus on how financial incentives influence employee recommendations.
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SEC fines Vanguard, Empower for misleading statements, conflicts of interest
Vanguard and Empower allegedly created conflicts of interest by incentivizing advisers to steer clients toward fee-based services, minus the requisite disclosure.
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SEC action highlights compliance risks in fee and expense practices
After reviewing the case, Janaya Moscony offers compliance tips on disclosures and robust fee practices.
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Insider gains, family betrayal, and high-tech market gaming in key SEC cases
The SEC has recently closed three very different but equally brazen fraud cases, each a window into a distinct form of financial misconduct.
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SEC targets Langemeier and LOL for conflicts of interest
Self-styled ‘Millionaire Maker’ fined for breaching fiduciary duties.
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SEC fines Transamerica for fiduciary disclosure failures
Transamerica Retirement Advisors failed to disclose financial conflicts tied to retirement rollovers, affecting thousands of clients.
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SEC fines Momentum Advisors, two officers $500,000+ over fiduciary breaches
Momentum Advisors LLC, along with its former COO and CCO, were charged with violations related to the misuse of portfolio company assets.
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Final judgements for Ponzi scheme defendants Robert Allen Stanford and others
Final judgments in this action were against individuals and entities charged with perpetrating a massive $8 billion Ponzi scheme.