Taking remedial actions have been shown to curry favor with SEC enforcement staff. The latest example of this comes with a strange twist. The ...
Respondents improperly charged $2.2 million in fees to Fund I for services provided by PAMCO affiliates to a portfolio company of Fund I. PAMCO was ...
This matter involves insider trading by Alan M. Stark, a Florida attorney who provided legal services to a prominent hedge fund manager regarding his beneficial ...
Relying on your firm’s employees to self-evaluate and self-report the potential receipt of material non-public information and failing to adopt P&Ps ensuring they do so ...
Vertical Capital Asset Management: SEC fines and bars two principles for inappropriate loans from...
Altuzarra and Chase also made unauthorized loans from funds they advised or managed to other entities they controlled and subsequently engaged in fraudulent transactions designed ...
One red flag was that the research firm’s Form ADV2 indicated that the political intelligence analyst also served as the research firm’s Chief Compliance Officer. ...
Usually the SEC wants its money within 10-14 days. But a private fund adviser will get up to three years to pay off its enforcement ...
This matter arises from CDI’s improper allocation of certain expenses to a private equity fund client. Respondent is an investment adviser that has at all ...
Coachman failed to adequately disclose its methodology for calculating the management fees and management-related expenses it charged to the funds. As a result of its ...
The court found Steven Hicks of Ridgefield, Connecticut, liable on the SEC's claim that he misappropriated investor funds. The SEC has been actively litigating the ...