Regulatory Alerts2024-03-07
WealthU Advisors, LLC
The Pennsylvania Department of Banking and Securities issued an order against WealthU Advisors, LLC for failing to maintain current and accurate information in its Form ADV filings. The regulator determined that the firm violated Section 303.012(i) by not amending its registration materials within 30 days of material changes occurring between May 2019 and July 2024. As relief for these violations, the Department ordered the firm to pay a $2,500 administrative assessment within 90 days of the order's effective date.
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