SEC Says Mass. Money Manager Hid Annuity Commissions

By Brian Dowling · March 20, 2023, 1:13 PM EDT

A Massachusetts investment adviser kept his clients in the dark about the lucrative up-front commissions he made on their insurance annuities, violating his fiduciary duty through a "pattern of deception" to...

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Case Information

Case Title

Securities and Exchange Commission v. Cutter Financial Group, LLC et al

Case Number

1:23-cv-10589

Court

Massachusetts

Nature of Suit

Securities/Commodities

Date Filed

March 17, 2023