SEC Sanctions Fund

Posted by Andrew Borowiec on Nov 13, 2019 9:46:49 AM

On November 6, 2019, the SEC announced an action against Investment Adviser BOLTON SECURITIES CORPORATION, dba BOLTON GLOBAL ASSET MANAGEMENT, for failing to disclose material conflicts of interest related to mutual fund 12b-1 fees and principal trading compensation generated from client investments. A Jury Trial is being demanded.

Convergence will supply its E-Risk Report, which gives insight into the high-risk business conditions that likely to have set the stage for the SEC actions, free to anyone that inquires. Report release, November 18th.

Request Free Report

IMDDA members please use the button above to request your member-only access to the I-Risk portal which includes:

  • Access to the library of historical SEC wrongdoing cases
  • Free E-Risk Reports for each SEC action on the platform
  • The ability to create and track lists of Managers that you want to model
  • Event Risk Match Score
  • I-Risk Comparative Reports

Convergence is an IMDDA partner who provides alternative data and insights drawn from regulatory filings and other public sources and enriched by Convergence to provide original insights into the business operations of the registered investment advisor universe. 

Tags: news, Technology

Due diligence training?

Customer In-House Training Solutions