Prudential Unit Pays SEC $18M Over Improper Wrap Fees
By Al Barbarino ( December 23, 2020, 7:09 PM EST) -- A New Jersey-based broker-dealer affiliate of Prudential Financial Inc. struck a roughly $18.2 million settlement with the U.S. Securities and Exchange Commission on Wednesday for allegations tied to the suitability of its investment recommendations and so-called wrap fee programs....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.