Don't want ads? Subscribe or login now.

Investment Adviser Rips SEC's Insurance Annuity Power Grab

By Brian Dowling · May 16, 2023, 4:49 PM EDT

The U.S. Securities and Exchange Commission has gone too far in an enforcement action seeking to extend its authority to sales of insurance products, according to a Massachusetts investment adviser and...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Memorandum

Case Information

Case Title

Securities and Exchange Commission v. Cutter Financial Group, LLC et al

Case Number

1:23-cv-10589

Court

Massachusetts

Nature of Suit

Securities/Commodities

Date Filed

March 17, 2023

Recent Articles By Brian

August 15, 2024
Harvard Late In Suing Broker For Tardy Admission Suit Notice
April 05, 2024
Firefighters Union's Finance Firm Can't Spike Whistleblower Claim
March 14, 2024
Feds Seek 20 Mos. For Aegerion Fraud 'Puppet Master'
January 08, 2024
Insurance Broker Denies Fault In Harvard Admissions Case
September 28, 2023
Adviser Says SEC Stretching Law Too Far With Annuity Case
September 15, 2023
Lionbridge Insurer Not Stuck With Entire $13M Litigation Tab
March 31, 2023
Market Basket Hits Chubb With Suit For 'Lowball' Settlement
March 20, 2023
SEC Says Mass. Money Manager Hid Annuity Commissions
February 27, 2023
Mass. Hospital Can't Get Pandemic Coverage, Court Says
February 21, 2023
Financial Firm Canned Executive After SEC Report, Suit Says