November 16, 2015
Virtus Investment Advisers, Inc.
SANCTION AMOUNT: $16,500,000
Defendants: Virtus Investment Advisers, Inc.
Settlement of charges that Respondent misled certain investors with advertisements containing false historical performance data about a major-exchange traded fund portfolio strategy it used, namely, the AlphaSector strategy from subadviser F-Squared Investments Inc. F-Squared was also heavily sanctioned in connection with the AlphaSector strategy.
- Key Docs
- Official SEC press release