SEC takes a hard stance on soft dollar abuses
The SEC recently announced sanctions against a broker-dealer in New York for ignoring red flags and making improper…
The SEC recently announced sanctions against a broker-dealer in New York for ignoring red flags and making improper soft dollar payments to a San Diego-based registered investment adviser. The broker-dealer paid more than $400,000 to the RIA, even though the advisory firm failed to make full disclos
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