Ameriprise In Trouble Again With FINRA for F-Squared Sales
According to a recent InvestmentNews article, Ameriprise Financial was ordered by the Securities and Exchange Commission (SEC) to pay $1.75 million in penalties and to disgorge $6.3 million because of F-Squared sales. The SEC also censured Horter Investment Management in Cincinnati, Ohio, for its sales of F-Squared Alpha Sector sales and ordered it to pay…