{"id":85865,"date":"2023-09-12T00:11:51","date_gmt":"2023-09-12T04:11:51","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=85865"},"modified":"2023-09-12T00:12:56","modified_gmt":"2023-09-12T04:12:56","slug":"nine-investment-advisers-facing-charges-for-marketing-rule-violations","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2023\/nine-investment-advisers-facing-charges-for-marketing-rule-violations.html","title":{"rendered":"Nine Investment Advisers Facing Charges for Marketing Rule Violations"},"content":{"rendered":"\n<p>(HedgeCo.Net) The Securities and Exchange Commission has filed charges against <strong>nine registered investment advisers <\/strong>for advertising hypothetical performance to the general public on their websites without adopting and\/or implementing policies and procedures required by the Marketing Rule. All nine firms have agreed to settle the SEC\u2019s charges and to pay $850,000 in combined penalties.<\/p>\n\n\n\n<p>The firms are:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Banorte Asset Management\u00a0Inc.<\/strong><\/li><li><strong>BTS Asset Management Inc.<\/strong><\/li><li><strong>Elm Partners Management LLC<\/strong><\/li><li><strong>Hansen and Associates Financial Group Inc<\/strong><\/li><li><strong>Linden Thomas Advisory Services\u00a0LLC<\/strong><\/li><li><strong>Macroclimate LLC<\/strong><\/li><li><strong>McElhenny Sheffield Capital Management\u00a0LLC<\/strong><\/li><li><strong>MRA Advisory Group<\/strong><\/li><li><strong>Trowbridge Capital Partners LLC<\/strong><\/li><\/ul>\n\n\n\n<p><a href=\"https:\/\/www.sec.gov\/news\/press-release\/2023-173\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(HedgeCo.Net) The Securities and Exchange Commission has filed charges against nine registered investment advisers for advertising hypothetical performance to the general public on their websites without adopting and\/or implementing policies and procedures required by the Marketing Rule. All nine firms [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-85865","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=85865"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85865\/revisions"}],"predecessor-version":[{"id":85866,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/85865\/revisions\/85866"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=85865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=85865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=85865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}