ARLINGTON, VA. -- Enforcement authorities at the SEC are planning to take a hard look at potential instances of self-dealing and other conflicts of interest in the investment advisor space.
In particular, the commission is looking for cases when advisors trade on behalf of clients without written disclosure and consent, or fail to process a trade on the most favorable terms for their clients, Julie Riewe, the co-chief of the Asset Management Unit at the commission's enforcement division, said Thursday at the Investment Adviser Association's compliance summit.
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