Legal
SEC fines New York firm deVere US$8 million over UK pension advice conflicts
The Securities and Exchange Commission has announced that New York-based investment adviser deVere USA, Inc. has agreed to pay an $8 million civil penalty related to its failure to disclose conflicts of interest to its retail clients. The settlement will result in the establishment of a Fair Fund for distribution…
Continue Reading
Subscribe to unlock the full article and access premium financial content.