SEC closes PHX Financial churning case: Red flags every retail
investor and allocator should know
opalesque
1 month ago
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Matthias Knab, Opalesque: The U.S. Securities and Exchange Commission on May 12, 2026 approved a plan of distribution that will return $347,989.04 to retail customers of PHX Financial, Inc. who were harmed by a registered representative 's short-term, high-volume trading strategy carried out between...
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