By Katryna Perera (Jan. 11, 2022, 7:47 p.m. EST) – A New Jersey-based investment advisor has agreed to pay over $ 375,000 in restitution and penalties for claims it included a disclaimer inappropriate in its client counseling agreements and other violations. , according to a US Securities and Exchange Commission statement Tuesday.
The press release states that Comprehensive Capital Management Inc. also failed to reimburse fees charged to certain retirement accounts, and failed to keep accurate records and implement required compliance policies.
According to the federal agency, this is the third action against the investment company since 2013.
Comprehensive Capital has neither admitted nor denied the SEC allegations, but agreed to …
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