The Commission filed another in a series of actions against an investment adviser who put wrap fee program clients into more expensive mutual fund shares that benefited the adviser and disadvantaged the client. Two more cherry picking cases were filed …
This Week In Securities Litigation (Week ending September 15, 2017) Read More »
The Commission has continued to use statistical analysis to bolster its enforcement claims. One area in which this has been done is “cherry picking” cases. Two recently filed settled actions involving investment advisers are examples. In the Matter of Howarth …
SEC Files Two Cherry Picking Actions, Aided by Statistical Analysis Read More »