October 12, 2023
An investment firm and its founder agreed to pay over $300,000 to end a U.S. Securities and Exchange Commission suit alleging they tried to avoid paying transaction fees by directing investments into expensive mutual funds.
September 27, 2021
The U.S. Securities and Exchange Commission has filed suit against a Kansas City, Missouri-based registered investment adviser and its founder for allegedly investing client assets in expensive mutual funds to avoid paying transaction fees.