December 26, 2018
The Securities and Exchange Commission announced late last week that it settled with Wealthfront Advisors and Hedgeable, two FinTech robo-advisors, for misleading investors. According to reports, the SEC slapped Wealthfront Advisors, a leading robo-advisor with $11 billion under management, with a $250,000 fine for what the SEC concluded were false statements about its automated financial services […]
