SEC going after advisers for reverse churning

<i>Breakfast with Benjamin</i> The commission is specifically looking at why some clients are in advisory accounts versus brokerage accounts.

JUN 24, 2016

By Jeff Benjamin

The SEC is homing in on advisers trying to 'reverse churn' client accounts. Some clues of the broader enforcement agenda.The commission is specifically looking at why some clients are in advisory accounts versus brokerage accounts.
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