SEC Fines Private Fund Adviser for Hiding Truth About Trading Resources and SEC Settles with Large Pricing Vendor for Inadequate Valuation Policies and Procedures: Lessons Learned and Worth Reading, Watching & Hearing for January 2021 | Hardin Compliance Consulting LLC
To embed, copy and paste the code into your website or blog: SEC Fines Investment Adviser $170 Million for Multiple Disclosure Failures. UK-based investment adviser BlueCrest Capital Management Limited (BlueCrest) recently agreed to return $170 million to former investors to settle charges levied by the SEC involving disclosure failures, material misstatements, and misleading omissions. The SEC found that BlueCrest quietly transferred its top traders from its flagship client fund, BlueCrest Capital International (BCI), to an internal fund and left trading for the client fund in the hands of a...
Source: jdsupra.com