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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Ameriprise Slapped

Ameriprise Financial Services will pay $230,000 to settle SEC charges that it overcharged 1,791 customers a total of $1.8 million to generate “greater revenue for itself but lower returns for its retirement account customers."

WASHINGTON — Ameriprise Financial Services will pay $230,000 to settle SEC charges that it overcharged 1,791 customers a total of $1.8 million to generate “greater revenue for itself but lower returns for its retirement account customers."

Categories / Securities

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