Tag: penalty
Equitable Financial to Pay $50 Million to Settle SEC’s Fraud Charges
The Securities and Exchange Commission has charged Equitable Financial Life Insurance Company with fraud after the company allegedly provided account statements to roughly 1.4...
Schwab Subsidiaries to Pay $187 Million for Misleading Robo-Adviser Clients
The Securities and Exchange Commission has charged three Charles Schwab investment adviser subsidiaries for making "false and misleading statements" about the cash component of...
SEC Charges RIAs and Broker-Dealers over Improper ETP Sales
The Securities and Exchange Commission has filed settled actions against three investment advisory firms and two dually-registered broker-dealer and advisory firms for violations related...
