SEC Says Excessive Trading By 2 NY Brokers Hurt Clients

By Jon Hill (December 6, 2017, 8:38 PM EST) -- Two brokers working for New York-based brokerage Four Points Capital Partners LLC made more than $100,000 each in commissions while recommending a high-cost trading strategy to clients who collectively wound up losing nearly $574,000, the U.S. Securities and Exchange Commission said in a suit filed Wednesday in New York federal court....

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