The SEC has reached a settlement with an RIA specializing in retirement advice that failed to conduct mandatory compliance reviews for a more than four-year span while it was registered with the commission.

Under the agreement, Dupree Financial Group, based in Lexington, Kentucky, has accepted a censure for its compliance lapses and agreed to pay a $25,000 fine while also explicitly committing to avoid repeat violations of the relevant provisions of the Investment Advisers Act.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access