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Without admitting or denying the findings, Wealthfront agreed to pay a $250,000 penalty. Hedgeable agreed to an $80,000 penalty, also without admitting or denying the agency’s findings.

(Bloomberg) –The U.S. Securities and Exchange Commission filed its first-ever enforcement actions against robo-advisers, accusing Wealthfront Advisers and another firm of making false statements about investment products and publishing misleading advertisements.

The American Lawyer Industry Awards 2019Event

Honoring outstanding legal achievements focused at the national level, largely around Big Law and in-house departments.
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