Private Funds

A New York-based investment adviser reported to his clients last June total assets of at least $21.8 million. Authorities allege the reality was decidedly different. ...

Eichenauer and Sagent failed to disclose Eichenauer’s conflict of interest to SPIF investors in causing SPIF to use the Balanced Fund to lend Sagent money, ...

Staff at C.L. King & Associates, a New York-based broker-dealer, knew that the unidentified hedge fund manager who opened joint accounts with terminally ill persons ...

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 ...

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 ...

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 ...