SEC charges Merrill Lynch, Harvest Volatility Management for ignoring client investment limitsThey will pay a combined $9.3 million after the Securities and Exchange Commission charged them for exceeding clients' investment limits over a two-year period.[Collection]

They will pay a combined $9.3 million after the Securities and Exchange Commission charged them for exceeding clients' investment limits over a two-year period.https://www.cnbc.com/2024/09/25/sec-charges-merrill-lynch-harvest.html