SEC Sweep into Marketing Rule Violations Results in Charges …

The Securities and Exchange Commission today announced charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and/or implementing policies and procedures required by the …

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US SEC Fines 9 Investment Firms Over Marketing Rule Failures

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Sep 11, 2023 · The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined $850,000 in civil penalties for advertising …

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Nine More Advisers Face $1.24 Million Fallout From SEC's …

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Sep 16, 2024 · The SEC also ended its fiscal year with more heart attack-inducing fines against 11 broker-dealers, investment advisers and a dual registrant for “widespread and longstanding …

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US SEC Fines 9 Investment Firms Over Marketing Rule Failures

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Sep 11, 2023 · WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined $850,000 in civil penalties …

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US SEC Settles Charges Of Marketing Rule Violations Against 9

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Sep 11, 2023 · The U.S. Securities and Exchange Commission announced an $850,000 settlement of charges against nine investment advisers on Monday for marketing rule …

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SEC.gov | Vanguard To Pay More Than $100 Million To Resolve …

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Jan 17, 2025 · The Securities and Exchange Commission today announced that The Vanguard Group, Inc. will pay $106.41 million to settle charges for misleading statements related to …

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SEC Fines 9 Investment Firms Over Marketing Rule Failures

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Sep 12, 2023 · The U.S. Securities and Exchange Commission has ordered nine investment advisory firms to pay a combined $850,000 in civil penalties for advertising hypothetical …

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US SEC Fines 9 Investment Firms Over Marketing Rule Failures

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Sep 11, 2023 · WASHINGTON (Reuters) - The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined $850,000 in civil penalties …

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FAQs about SEC Sweep into Marketing Rule Violations Results in Charges … Coupon?

Did a registered investment adviser violate the marketing rule?

The Securities and Exchange Commission today announced settled charges against nine registered investment advisers for violating the Marketing Rule by disseminating advertisements that included untrue or unsubstantiated statements of material fact or testimonials, endorsements, or third-party ratings that lacked required disclosures. ...

Will investment advisory firms pay $850,000 in civil penalties?

WASHINGTON, Sept 12 (Reuters) - The U.S. Securities and Exchange Commission on Monday ordered nine investment advisory firms to pay a combined $850,000 in civil penalties for advertising hypothetical performance without implementing new policies required by regulators. ...

Who supervised the SEC's investigation of marketing rule violations?

The SEC’s ongoing investigation of potential Marketing Rule violations is being conducted by Marilyn Ampolsk, Jonathan Menitove, Donna Norman, and Emily Shea and supervised by Colin Forbes, Brianna Ripa, Andrew Dean, and Mr. Schuster, all of the Asset Management Unit. ...

Should advisers be banned from touting hypothetical performance to investors?

The SEC found the firms had not met requirements of a 2020 rule that bans advisers from touting hypothetical performance to investors unless they have policies designed to ensure that it is relevant to the intended audience, among other things. ...

How much did the SEC charge a firm for not denying allegations?

The firms, which did not admit or deny the SEC's allegations, were hit with penalties ranging from $50,000 to $175,000, the SEC said. Representatives for each of the firms did not respond immediately to requests for comment. Reporting by Kanishka Singh in Washington and Chris Prentice in New York; Editing by Jonathan Oatis and Jamie Freed ...

Who is investigating a marketing rule violation?

The SEC’s ongoing investigation of potential Marketing Rule violations is being conducted by Marilyn Ampolsk, Colin Forbes, Jonathan Menitove, Donna Norman, and Emily Shea and supervised by Brianna Ripa, Andrew Dean, and Corey Schuster, all of the Division of Enforcement’s Asset Management Unit. ...