The Commission has continued to use statistical analysis to bolster its enforcement claims. One area in which this has been done is “cherry picking” cases. Two recently filed settled actions involving investment advisers are examples. In the Matter of Howarth …
SEC Files Two Cherry Picking Actions, Aided by Statistical Analysis Read More »
The Commission filed one settled administrative proceeding this week involving an investment adviser. The Order charged cherry picking, making misrepresentations to clients regarding certain fees and a failure to trade a fund in accord with the disclosed objectives. FINRA announced …
This Week In Securities Litigation (Week ending June 2, 2017) Read More »