New sub-advised funds, offered exclusively through financial advisers, are intended to lower costs and provide 'greater flexibility.'
Five were with Wells Fargo, others from LPL, Stifel and SunTrust
Tactical asset allocation funds will be available only in MassMutual-managed plans.
Regulator also levies $200,000 fine, cites Cetera's failure to review rep's disclosures
Massachusetts ordered Roger Zullo to disgorge $1.9 million in commissions.
MD Wealth Management Group is located in Franklin, Tenn.
Massachusetts looking into private placement sales.
The commission-free ETFs include most of Vanguard's offerings, as well as ETFs from BlackRock, Schwab, and State Street Global Advisors.
The Securities and Exchange Commission alleges that Bruce Hauptman misappropriated the money from a fund he managed.
Case charges firm with 'siphoning' funds from insurance companies it owns.
