Mealey's (November 22, 2022, 3:12 PM EST) -- DURHAM, N.C. — Arguing in part that the two individuals sued meet the relevant definition of “investment adviser” and that “numerous new statements raised” in one motion should be disregarded, the U.S. Securities and Exchange Commission in a Nov. 21 brief urges a North Carolina federal court to deny dismissal of its complaint alleging “a series of fraudulent and improper schemes” that defrauded clients of more than $75 million....