The SEC charged five investment advisers, GeaSphere LLC, Bradesco Global Advisors Inc., Credicorp Capital Advisors LLC, InSight Securities Inc., and Monex Asset Management Inc. with Marketing Rule violations. This is the second group of cases in an ongoing enforcement sweep following a continued theme in which the firms were charged with advertising hypothetical performance to the general public on their websites without adopting and implementing policies and procedures reasonably designed to ensure that the hypothetical performance was relevant to the likely financial situation and investment objectives of each advertisement’s intended audience, as required by the Marketing Rule. The five firms settled the cases with combined penalties of $200,000.