Exchange Act Rule 15l-1(a)(2)(ii) – Global Relay Intelligence & Practice

Exchange Act Rule 15l-1(a)(2)(ii)

Enforcement

SEC brings RegBI action against dually registered firm for flouting rule’s care obligations

July 31, 2024

SEC alleges the firm and representative failed to exercise reasonable diligence, care, and skill in making recommendations.

Julie DiMauro4 min read