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InvestTalk

11-29-2022 – SEC Strikes Again on 12b-1 Fees, Fining Another RIA

InvestTalk

Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors

Business, News, News Commentary, Entrepreneurship, Investing, Business News

4.41.5K Ratings

🗓️ 30 November 2022

⏱️ 45 minutes

🧾️ Download transcript

Summary

An SEC complaint highlights what can happen if an advisor breaches their duty to seek 'best execution' for transactions of its advisory clients.

 

Today's Stocks & Topics: Private Equity Industry, Tech Sell-Off, Yield Curve Inversion, BKE - Buckle Inc., The Stock Market and 401k, CTRA - Coterra Energy Inc., SU - Suncor Energy Inc., SLB - Schlumberger Ltd.



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Transcript

Click on a timestamp to play from that location

0:00.0

At a time, when investors are confronted with market volatility and a variety of challenges

0:11.6

fueled by the uncertainty of inflation, unsettled geopolitical tensions, and economic pressures,

0:19.1

just incline and Steve Peasley, stand ready to take your finance and investment questions

0:24.1

and share their unbiased answers.

0:27.3

This is Invest Talk, independent thinking, shared success.

0:32.6

Invest Talk is made possible by KPP Financial, a registered investment advisor firm serving

0:37.9

clients throughout the United States.

0:41.2

The clarity for your path forward starts now.

0:45.6

Here is KPP Chief Executive Officer, Financial Advisor, just incline.

0:53.2

Good afternoon fellow investors and welcome back to Invest Talk.

0:56.9

This is our Tuesday, November 29th, 2022 edition.

1:00.8

I hope all of you had a wonderful Thanksgiving, I know mine was, my weekend was very relaxing,

1:06.8

very needed, and I'm ready, rare to go for Christmas coming up and new years soon after.

1:15.3

And a new year often means new trends and in today's market and economy, it is the continuation

1:27.0

of a new era.

1:30.3

And this is an era with cheap money that was defined by a few things.

1:41.9

Price was more important than value, hype was more sought after than substance.

1:52.1

And financial engineering was the name of the game over things like cash flow.

2:02.1

And you can see that in today's headlines of those pillars of a buy gone age, it really

2:15.5

is, it's a buy gone age of cheap money and ultra low interest rates and ultra low ultra

2:23.6

high liquidity.

2:28.3

You can see the downfall of DeFi, you saw another one today, crypto lender block file for

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