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SEC may tackle RIAs claiming to have 'skin in the game'

Heed the cautionary tale of the recent $1.6 million settlement against an RIA and its affiliated B-D that falsely claimed they co-invested in a fund

Author Guest Columnist Les Abromovitz December 28, 2012 at 2:30 AM
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Les Abromovitz: It will be of little consolation to clients to know that their advisors' nest eggs went down the drain along with their own.

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November 18, 2022 at 2:56 AM

Mentioned in this article:

NCS Regulatory Compliance
Consulting Firm
Top Executive: Mark Alcaide, COO/Partner

Mike Byrnes

Mike Byrnes

December 28, 2012 — 11:41 PM

Les, thanks for the heads up! — Mike Byrnes, President of Byrnes Consulting, LLC, www.byrnesconsulting.com

PS tweeted it out at @byrnesconsultin.

Maria Marsala

Maria Marsala

December 30, 2012 — 1:00 PM

Honesty is still a virtue to be dealt with :)

As we know, you can differentiate you firm … and be honest, too.

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