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Posted on by T. Gorman Posted in SECActions

The Commission filed settled administrative proceedings against an investment adviser and its co-founder based on a claimed breach of fiduciary duty. The Order alleged violations based on negligence, citing Securities Act Section 17(a)(2) and Advisers Act Section 206(2) and, in …

Adviser, Co-founder, Settle SEC Breach of Duty Proceeding Read More »

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Posted on by T. Gorman Posted in SECActions

The SEC brought another significant market crisis case, this time against the senior officers of a failed financial institution. The complaint centers on repeated efforts by the CEO, COO and manager of credit risk to conceal the rapidly devolving financial …

SEC CHARGES SENIOR OFFICERS OF FAILED BANK WITH FRAUD Read More »

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