top of page

Adviser Sanctioned for False Statements to Prospective Investors

Writer's picture: LawExchange InternationalLawExchange International

The Securities and Exchange Commission sanctioned a private equity fund adviser and its chief executive officer for making false statements about the other investors that had committed to invest in one of the adviser’s private equity funds. As part of a settlement with the SEC, the adviser agreed to cease acting as an investment adviser and its chief executive officer was barred from the investment management industry and ordered to pay almost $375,000.1

View entire article here.

2 views0 comments

Recent Posts

See All

Cybersecurity: Breach Preparedness Webinar

Need any tips on protecting your company's data? Please watch the below webinar hosted by Lucas Beal. Should you have any questions or...

Comments


bottom of page