NASAA's Dishonest or Unethical Business Practices by Broker-Dealers and Agents in Connection with Investment Company Shares

Below are some things that get Broker-Dealers into hot water in connection with investment company shares, according to NASAA's "Dishonest or Unethical Business Practices by Broker-Dealers and Agents in Connection with Investment Company Shares." Peep the specifics here:

Sales Load Commissions

• Conveniently forgetting to mention to the client all of the sales charges associated with buying the investment company shares, like asset-based and contingent deferred sales charges
• Telling (or implying...