ria
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SEC Continues Revenue Share Conflict Enforcement Priority – Cash Sweeps
- August 9, 2021
- Posted by: giawatkins
- Category: SEC
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As predicted in its 2021 Priorities Letter, the SEC has recently brought several enforcement actions against RIAs for failure to disclose conflicts involved in revenue sharing. In one case, the SEC alleged that the dual registrant RIA failed to disclose the conflicts involved in selecting cash sweep options offered through its Clearing Firm’s platform. According
