sec whistleblower attorneys
September 19, 2019
Sigma Planning Corp.
Trading and Pricing
SANCTION AMOUNT: $2546718
Defendants: Sigma Planning Corp.
Respondent RIA settled charges that it failed to disclose conflicts of interest related to selling higher cost mutual fund share classes charging 12b-1 fees that it received a share of, while avoiding having to pay asset-based fees to its clearing broker.
- Key Docs
- Official SEC press release
