Jury Reaches Verdict In SEC’s Advisers Act Against Investment Adviser, Firm

( April 28, 2025, 11:30 AM EDT) -- BOSTON — A federal jury in Massachusetts found that an investment adviser and his advisory firm had violated Section 206(2) of the Investment Advisers Act, finding the Securities and Exchange Commission proved that the adviser and firm hadn’t disclosed significant upfront commissions and other conflicts of interest....

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