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December 21, 2018 08:25 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9U2OUZnjAFw/
SEC slaps startups Wealthfront and Hedgeable with fines for making false disclosures
The Securities and Exchange Commission appears to be keeping a close eye on financial services startups, with today’s news that the agency has settled cases with two robo-advisory companies over allegations that they misled investors. Wealthfront Advisers, one of the darlings of the fintech investment sector with $11 billion under management and roughly $200 million […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/9U2OUZnjAFw/
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