Edward Jones Agrees To Pay $20 Million SEC Fine, Highlighting Larger Issue – ValueWalk Premium
Edward Jones

Edward Jones Agrees To Pay $20 Million SEC Fine, Highlighting Larger Issue

When brokerage firm Edward Jones agreed to pay over $20 million to settle Securities and Exchange Commission charges it overpriced new issues of municipal bonds, neglecting to mention the additional fees to clients, in doing so it opened up a larger regulatory issue. In the wake of the brokerage firm's failure to disclose fees, the SEC revealed a potential hole in regulatory rules that do not require dealers to disclose their markups on such offerings – and the SEC wants to see regulatory action taken on the issue, as it looks at FINRA and another regulator to get the job . . .

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email support@valuewalk.com or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk

Here’s a Tip: Read What Professional Investors Read

ValueWalk Premium is for investors looking to improve their investment process AND keep up-to-date on the latest industry trends.

It’s THE resource for value investing and hedge funds. 📈

And with a free three-day trial and $29.99 per month thereafter, it’s a value in its own right.

Sign up now. 👇

CLICK HERE TO TRY IT OUT

 

0