- 2015
- $60,000
Administrative proceeding against RIA and principals for alleged correct ongoing securities violations. Specifically, the SEC found that the RIA was cited for numerous deficiencies in on-site exams, including the failure to complete an annual compliance review or develop a compliance manual and continued use
of misleading statements in its marketing materials. Despite the RIA’s undertaking to correct this, the same deficiencies in were identified again in another exam 4 years later.
