Tag: brokers

There has been much debate regarding the adoption of a fiduciary standard for brokers. In contrast, investment advisers have long been subject to such to such requirements. Brokers are, however, required to have a reasonable basis when they make a …

SEC, Wells Fargo Advisors Settle Sales Practice Charges Read More »

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The Commission brought another in a series of actions centered on ConvergEx Execution Solutions LLC and its affiliates. As with the prior actions, this one centered on secretly adding substantial commissions to transactions which were far higher than the normal …

SEC Files Another In A Series of Actions Tied to Secret Commissions Read More »

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