Debt, equity underwriting fees rise, M&A advisory fees up too
U.S. advisory firm settles allegation that it levied undisclosed fees
SEC alleged firm failed to disclose conflicts in mutual fund revenue sharing
Concerns about investor harm arise as trailers persist, despite 2012 ban
Conflict arose from allocation that generated revenue from "no fee" accounts
Regulator alleged US$14 million overcharging, settles for US$150,000 penalty
Business model in peril, if investors start to trust AI agents
Court grants Wealthsimple's application for closing judgment
Firms failed to disclose massive markups on pre-IPO securities
The debut of cheaper funds is driving investors' costs down, research finds