Legal
New Conflict Of Interest Concerns: SEC Fines RIAs For BD Loans
In moves with potentially industrywide repercussions, the Securities and Exchange Commission has meted out over $100,000 in fines to two RIAs for failing to disclose nearly $5 million in loans from its broker dealer to clients. Washington Wealth Management, now known as Kestra Private Wealth Services, was fined and censured…
Continue Reading
Subscribe to unlock the full article and access premium financial content.
Click here to read the full story: Financial Planning