December 22, 2024

SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

 SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limits

They will pay a combined $9.3 million after the Securities and Exchange Commission charged them for exceeding clients’ investment limits over a two-year period.