Marketing Rule Violations Continue
Marketing Rule violations continue…nearly two years after the Marketing Rule’s compliance effective date, the SEC’s continues to employ a balanced approach, alternating between issuing Risk Alerts and levying fines, to drive home the message that non-compliance will not be tolerated.
SEC actions regarding the Marketing Rule
Adoption date: May 4, 2021
Sept 19, 2022 – Risk Alert
Compliance effective date: November 4, 2022
Jun 8, 2023 – Risk Alert
September 2023 – 9 RIAs Charged with Violations
April 12, 2024 – 5 RIAs Charged with Violations
April 17, 2024 – Risk Alert
September 9, 2024 – 9 RIAs Charged with Violations
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