SEC Charges SunTrust With Improperly Recommending Costlier Mutual Funds
SEC Charges SunTrust With Improperly Recommending Costlier Mutual Funds WHAT HAPPENED? On September 14, 2017, the SEC charged SunTrust Investment Services with receiving more than $1.1 million in client fees by improperly recommending costlier share classes of mutual funds when cheaper shares were available. The SEC alleged that SunTrust [...]