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By Marlene Y. Satter, AdvisorOne |
October 11, 2012
FINRA and the SEC recently took action against a number of firms for everything from fraud to supervisory failure that in some cases cost the firms dearly.
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By Melanie Waddell, AdvisorOne |
October 3, 2012
The SEC charged one manager with stealing more than $500,000 from a retired schoolteacher who thought she was investing her retirement savings in a hedge fund.
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By Melanie Waddell, AdvisorOne |
September 28, 2011
The SEC on Wednesday charged a San Francisco-area investment advisor with fraud for lying to clients about how brokerage commission rebates, or 'soft dollars,' were being used and producing phony documents to cover up the fraud during an SEC exam.