Tag: wrap fees

This Week In Securities Litigation (Week ending May 12, 2017)

New Chairman Jay Clayton began at the agency this week. There are now three Commissioners, at least until early June when the term of another Commissioner expires. The Administration has not nominated anyone to fill the remaining open seats at

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SEC: Barclays Charged Excessive Fees In Wrap Fee Program

The Commission has brought a series of actions against investment advisers tied to wrap fee programs. Typically, the actions alleged either that clients were not told the magnitude of fees when an adviser “traded away” or that excessive fees were

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