SEC slaps ex-advisor with subpoena – again – over alleged cherry picking
'An advisor can only blow off the SEC for so long,' said one industry executive.
The Securities and Exchange Commission on Wednesday hit a former broker and investment advisor with yet another subpoena after the advisor, Eric M. Cobb, refused to cooperate with the SEC's investigation over his assorted trading practices regarded as cherry picking, or when an advisor gives profita
Learn more about reprints and licensing for this article.
