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SEC settlement email
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Did anyone get this email? It has the subject "An Important Message from SoFi". It reads this:

Hi (Name),

As you may be aware, on April 12, 2021, SoFi Wealth LLC settled, without admitting or denying the allegations, a matter brought by the Securities and Exchange Commission. Pursuant to the terms of the settlement, a final order was issued on August 19, 2021 (the ā€œOrderā€). A complete copy of the Order may be viewed atĀ https://www.sec.gov/litigation/admin/2021/ia-5826.pdf.

As a result of the Order, SoFi Wealth has updated itsĀ Form ADVĀ as well as itsĀ Form CRS, of which it shares with SoFi Securities.

We encourage you to take a moment to read the document, particularly Item 9: Disciplinary Information found on page 15 of Form ADV, and the Disciplinary History question found on Page 4 of Form CRS.

Please call us atĀ (855) 525-7634Ā if you have any questions or concerns.

Best,

The SoFi Invest Team

So what did they do wrong? I'm not aware of this since I open my Invest account after April.

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3 years ago