Commonwealth, SEC Reach Tentative Settlement Over $93M Penalty

News February 06, 2026 at 01:11 PM
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What You Need To Know

  • The SEC and Commonwealth have until March 31 to reach settlement terms.
  • The long-running case centers on revenue sharing payments.
  • The SEC said that Commonwealth failed to disclose conflicts of interest in a revenue-sharing program with National Financial Services.
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