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Apexium Financial LP

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Rye Investment Firm Must Pay $150K For Failing To Manage Conflict Of Interest: Feds Rye Investment Firm Must Pay $150K For Failing To Manage Conflict Of Interest: Feds
Rye Investment Firm Must Pay $150K For Failing To Manage Conflict Of Interest: Feds A Westchester-based investment firm has been ordered to pay $150,000 for failing to manage a conflict of interest, federal officials said. The penalty was assigned by the federal Securities and Exchange Commission, which announced settled charges against Rye-based Apexium Financial LP on Thursday, Sept. 28.  According to the SEC, the firm failed to properly manage a conflict of interest consistent with its representations in its brochures between 2018 and 2020 and also violated rules relating to compliance policies and procedures.  The conflict of interest arose wh…

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by Ben Crnic