SEC: Enforcement

'Repeated mistakes' in management calculations cost adviser

Problems were 'first identified by staff of the Commission’s Division of Examinations' in September 2019 but the adviser failed to remediate in an adequate manner

The adviser did not engage an independent public accountant to conduct the requisite audit

Perceptive omitted to disclose that Perceptive personnel shared ownership of the SPAC sponsors

After 2019, Aventura Capital continued to revise its disclosures with respect to its conflict of interest concerning 12b-1 fees, but Aventura Capital’s revised disclosures did ...

EIC’s failures caused the Funds and, ultimately, their LPs to pay $678,681 more in management fees than they should have paid

Plea bargain spares wife from prosecution

Late payments threatened $3.57 billion, Commission says

Savvy CCOs can use risk alerts as cheat sheet