Updated Monday, September 1, 2014 as of 7:27 PM ET

SEC Red Flag: Selling Stake in Firm to Client

A Phoenix registered investment advisor has agreed to pay nearly $275,000 to the SEC in a case stemming from the sale of a stake in his firm -- at an allegedly inflated price -- to a client.

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Comments (1)
Kudos to Mr. Clarke for speaking openly about his experience so that other RIAs can become better informed about regulatory risk.
Posted by Brian L | Friday, May 24 2013 at 1:29PM ET
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