SEC Charges Ameriprise Financial Services for Failing to Safeguard Client Assets
August 15, 2018
August 15, 2018
WASHINGTON, Aug. 15 -- The Securities and Exchange Commission issued the following news release:
The Securities and Exchange Commission today announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives.
According to the SEC's order, five Ameriprise representatives committed numerous fraudulent acts, including forging client documents, and stole more than $ . . .
The Securities and Exchange Commission today announced that Ameriprise Financial Services Inc. will pay $4.5 million to settle charges that it failed to safeguard retail investor assets from theft by its representatives.
According to the SEC's order, five Ameriprise representatives committed numerous fraudulent acts, including forging client documents, and stole more than $ . . .