13 Firms Fined for Communicating F-Squared's False Performance Claims

From the Desk of Jim Eccleston at Eccleston Law LLC: The Securities and Exchange Commission has issued penalties against 13 investment advisory firms found to have violated securities laws by spreading false claims. The SEC found that the 13 firms negligently relied upon claims by F-Squared Investments that its AlphaSector strategy for investing in exchange-traded funds (ET ...Read the full article