The Securities and Exchange Commission has started targeting investment advisers who have lied on their registration forms. The crackdown is part of an effort to address malfeasance before it grows into a larger investor protection threat. The SEC has begun reviewing registration documents to find financial advisers who have not accurately portrayed their education, assets under management and other aspects of their firm, Robert Khuzami, director of the commission’s Division of Enforcement, said last week. Read Investment News report here.
