Regulatory Alerts2025-10-09
Pennsylvania Department of Banking and Securities Consent Agreement with Vertex Financial Advisors, LLC
The Pennsylvania Department of Banking and Securities issued a Consent Agreement and Order against Vertex Financial Advisors, LLC for violating the Pennsylvania Securities Act of 1972. The firm failed to deliver or offer its current firm brochure and supplements to clients between January and December 2023, breaching Regulation 404.011(e). Vertex agreed to pay a $5,000 administrative assessment within 90 days and comply with state regulations without admitting or denying the allegations.
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