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SEC Punishes RIA Over 12b-1 Fees

TedTed
edited September 2018 in The Bullpen
FYI: An SEC settlement announced Friday makes it crystal clear the agency will go after RIAs who inappropriately recommend high-fee mutual fund share claAn SEC settlement announced Friday makes it crystal clear the agency will go after RIAs who inappropriately recommend high-fee mutual fund share classes.

https://www.barrons.com/articles/sec-punishes-ria-over-12b-1-fees-1537203391

Investment News Article:
http://www.investmentnews.com/article/20180914/FREE/180919946/sec-penalizes-ria-more-than-2-million-for-12b-1-violations
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