The former Hightower advisor argues that the clause is "illegal" and "unenforceable."
The company said in its annual report that the details of the fine are still under discussion.
Kristi Berge falsely told clients she was investing the money in retirement accounts, prosecutors said.
Ashley said the bank acted unfairly during a margin call.
The chairman of the Finance Committee says the policies aid tax avoidance.
The exemption would be granted to salespeople who do not present themselves to clients as advisors, he said.
TC Services pocketed an extra $900,000 from clients by failing to consider lower-cost options, the SEC said.
The firm failed to disclose Dave Portnoy's pay for promoting Van Eck's Social Sentiment ETF, the SEC said.
The agency "has overstepped its authority," Education Committee Chair Bob Good argued.
November's elections could impact the agency's rule plans.
Companies from a range of industries have been advertising how they're harnessing AI to improve operations.
John J. Woods defrauded retirees, military veterans and other clients of their life savings, prosecutors said.
Don't forget the wealth burned by collapsed exchanges, bankrupt lending programs and pump-and-dump altcoin trading.
The enforcement action is part of an ongoing crackdown by the agency against undocumented business communications.
The management firm claims it was deceived by Goldman when it was seeking to sell itself in 2022.
The firm agreed to pay more than $50 million to settle at least four CFTC cases last year.
Wendy Eldridge also claims in a lawsuit that her Marcum Wealth partners discriminated against her because she is a woman.
The online broker's rates last year were at one point 500 times less than the federal-funds rate, the suit alleges.
Sen. Ted Cruz called the SEC's proposal a "war on technology."
Finra alleged that Luke Johnson steered nine clients into $2.35 million worth of unsuitable investments.