Business Profile
Investment Advisory Services
Commonwealth Financial NetworkHeadquarters
About
Important information
- Pending Government Action:Government Action: BBB reports on known government actions involving business’ marketplace conduct:US Securities & Exchange Commission vs. Commonwealth Equity Services, LLC
The following describes a pending government action that has been formally brought by a government agency but has not yet been resolved. We are providing a summary of the governments allegations, which have not yet been proven.On 8/1/2019 the US Securities & Exchange Commission (SEC) announced that it had charged Commonwealth Equity Services, LLC with failing to disclose material conflicts of interest related to revenue sharing Commonwealth received for certain client investments.