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

Bad Actors

The SEC brought a federal complaint against Steele Financial, saying the Indiana firm defrauded clients — many of them public schoolteachers — by selling them $13 million in high-risk securities without disclosing it stood to gain commissions as high as 18 percent.

INDIANAPOLIS — The SEC brought a federal complaint against Steele Financial, saying the Indiana firm defrauded clients — many of them public schoolteachers — by selling them $13 million in high-risk securities without disclosing it stood to gain commissions as high as 18 percent.

Categories / Securities

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