SEC exam sweep shows advisers overcharging clients
![clients](https://s32566.pcdn.co/wp-content/uploads/2021/11/SEC-logo-plus-window_opt-951x634.jpg.optimal.jpg)
In a separate exam sweep, the SEC found that robo-advisers weren't acting in clients' best interests and were misleading in their advertising.
Investment advisers are charging clients more than they owe as a result of inaccurate fee calculations, the Securities and Exchange Commission said Wednesday.
The agency released a risk alert that outlined problems in how firms bill clients and disclose their fees. The deficiencies, which often l
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