Year: 2019

The retail brokerage focus of the Enforcement Division is readily apparent in its latest case. There a dual registered investment adviser broker-dealer misrepresented its services and charges to clients, repeatedly over-charging and under serving them for years. The disgorgement, prejudgment …

SEC, Advisor-Broker Settle Retail Customer Overcharges Read More »

Tagged with: , ,

The Commission continues to initiate enforcement actions involving audit firms and their employees tied to violations of professional standards. Two recent actions involved an audit firm, its owner and the engagement quality review partner. One action centers on a failure …

Eleven Failed Audits, Reviews Equal SEC Sanctions for Auditors Read More »

Tagged with: ,