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Titan hit with $1 million penalty in ‘perfect compliance cocktail’

SEC Titan

Compliance experts have their say after SEC's first enforcement action based on new marketing rule highlights dangers of hypothetical-performance ads.

An SEC enforcement action against Titan Global Capital Management USA highlights the dangers investment advisors face when using hypothetical returns in their advertising, compliance experts said Monday.

The Securities and Exchange Commission ordered robo-advisor Titan to pay $1,042,454 to settle

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