SEC Settles with Robo Advisors Wealthfront & Hedgeable on Claims of False Statements

The Securities and Exchange Commission (SEC) settled proceedings against Wealthfront Advisors LLC and Hedgeable, Inc, regarding claims of making false statements and publishing misleading advertising. This enforcement action marks the first the SEC has taken against Robo-advisors – a hot sector of Fintech. Wealthfront, a… Read More
Read more in: Fintech, Politics, Legal & Regulation | Tagged c. dabney o'riordan, enforcement, hedgeable, robo advisor, sec, securities and exchange commission, wealthfront