SEC Rule 206(4)-7 – Global Relay Intelligence & Practice

SEC Rule 206(4)-7

Enforcement

Morgan Stanley Smith Barney fined $1.5m for inadequate supervision

December 11, 2024

Firm found to have no policy or procedure in place that could have detected misappropriation of $10m.

Julie DiMauro2 min read
Enforcement

JP Morgan affiliates to pay $151m to resolve five SEC enforcement actions

November 4, 2024

Five SEC enforcement actions include allegations that some advisers’ recommendations were not in the best interest of clients.

Julie DiMauro2 min read