Litigation: SEC Charges Broker With Violating Regulation Best Interest
September 28, 2024
September 28, 2024
WASHINGTON, Sept. 28 -- The Securities and Exchange Commission issued the following litigation release (No. 1:24-cv-01150-BAM; E.D. Cal. filed Sept. 27, 2024) involving Robert M. Vance:
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The Securities and Exchange Commission charged California resident Robert Vance - a former registered representative of a broker-dealer - with failing to comply with Regulation Best Interest's Care Obligation when recommending high-risk debt securities known as L Bonds to his retai . . .
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The Securities and Exchange Commission charged California resident Robert Vance - a former registered representative of a broker-dealer - with failing to comply with Regulation Best Interest's Care Obligation when recommending high-risk debt securities known as L Bonds to his retai . . .