SEC Dings RIA Over Disclosures, 12b-1 Fees. 2 Commissioners Dissent.

  • Print
  • Reprints
  1. Small
  2. Medium
  3. Large

The Securities and Exchange Commission said Huntleigh Advisors and its affiliate Datatex Investment Services have agreed to pay nearly $900,000 to settle charges they allegedly breached their fiduciary duties with regard to disclosing conflicts of interest.

It’s the latest penalty dished out by the SEC concerning firms’ disclosures around revenue sharing and 12b-1 fees.


Barron’s Advisor

Free Registration

Welcome to Barron’s Advisor! Our content is free but available only to wealth management professionals. To read this article, please provide the information below so we can confirm that you work in the industry. All fields are required. If you’re not a wealth management professional, you can find other great financial content at If you have any questions, please contact us a