Insights
Bloomberg BNA: More SEC Cases Over High Investor Fees Expected, Official Says
In the News Litigation Support & EnforcementThe SEC likely will bring more enforcement actions against investment firms that pushed mutual funds with higher fees on clients who had cheaper options, a senior agency official said. The Securities and Exchange Commission’s Share Class Selection Disclosure Initiative has been “phenomenally successful” since it launched in 2018, Steven Peikin, a co-director of the agency’s Enforcement Division, said June 25.