The Securities and Trade Commission has billed twin-brother brokers with misappropriating a whole of extra than $5 million from advisory customers. Adam S. Kaplan and Daniel E. Kaplan engaged in a yearslong string of illegal pursuits that victimized at minimum 60 consumers, the SEC alleged in a lawsuit submitted Friday. The 35-year-old Kaplans began their brokerage careers with simultaneous registrations at Morgan Stanley in August 2016, and they jumped to Merrill Lynch in Might 2017, according to BrokerCheck. The SEC alleges that, sometime around May perhaps 2018, soon after owning been terminated by Merrill Lynch and joined New York–based IHT Wealth Management, the brothers began secretly inflating the costs they…