US Securities and Exchange Commission - VALIC

Raymond James Agrees to Pay $15 Million for…

Washington D.C., Sept. 17, 2019 — The Securities and Exchange Commission today instituted a settled order against three Raymond James entities for improperly charging advisory fees on inactive retail client accounts and charging excess commissions…

ASIC

Some AFS Licensees May be Breaking Overseas Laws

Australian financial service (AFS) licensees that offer OTC derivatives to retail investors located in some overseas jurisdictions may be breaking overseas laws providing unlicensed or unauthorised services in those jurisdictions. Retail OTC derivatives are highly…