Defendant Name: Winslow, Evans & Crocker, Inc.

Defendant Type: Subsidiary of Public Company
Public Company Parent: National Holdings Corporation
SIC Code: 6211
CUSIP: 63637520

Initial Case Details

Legal Case Name In the Matter of Winslow, Evans & Croker, Inc.
First Document Date 11-Feb-2021
Initial Filing Format Administrative Action
File Number 3-20223
Allegation Type Investment Advisers/Investment Companies

Violations Alleged

Other
• Sections 206(2), 206(4) Advisers Act; Rule 206(4)-7 Advisers Act

Resolutions

First Resolution Date 11-Feb-2021
Headline Total Penalty and Disgorgement $1,851,787

Related Documents:

34-91118 11-Feb-2021 Administrative Proceeding
Corrected Order Instituting Administrative and Cease-and-Desist Proceedings, Pursuant to Section 15(b) of the Securities Exchange Act of 1934 and Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On February 12, 2021, the SEC instituted settled cease-and-desist proceedings against Winslow, Evans & Croker, Inc., stating: "These proceedings arise out of breaches of fiduciary duty by Winslow, a dually-registered investment adviser and broker-dealer, in connection with Winslow’s mutual fund share class and cash sweep selection practices that resulted in its receipt of three types of fees from its advisory clients’ investments at times from January 2014 through October 2020."