SEC-PR-2024-46 (APR. 12, 2024) Source: https://www.sec.gov/newsroom/press-releases/2024-46 Download: SEC-PR-2024-46 ⊗ (PDF) PRESS RELEASE | 2024-46 SEC Charges Five Investment Advisers for Marketing Rule Violations Washington D.C., April 12, 2024 — The Securities and Exchange Commission today announced settled charges against five registered investment advisers for Marketing Rule violations. All five firms have agreed to settle the […]
Category: Marketing Rule Violations
Marketing Rule Violations typically involve practices where financial professionals, such as investment advisers or brokers, make false or misleading statements, omit key information that would impact a reasonable investor’s decision, or engage in deceptive practices to attract clients or customers. These violations can range from misrepresenting investment performance, failing to disclose conflicts of interest, exaggerating qualifications, using testimonials without appropriate disclosures, or employing other misleading tactics in advertising or promotional materials. Such breaches undermine investor trust and violate regulations designed to ensure fair and transparent dealings in financial markets, potentially leading to enforcement actions, fines, and restrictions on future activities by the SEC.