Valuation

Questions about how firms value portfolio companies continue to crop up in SEC exams of private equity firms, multiple sources tell our sister publication, Buyouts. ...

The number of SEC examinations resulting in a referral to the Division of Enforcement has remained fairly constant over the past five years—falling in the ...

Investors in a hedge fund will be reimbursed nearly $3 million in losses suffered when they were misled about the fund’s investment strategy and historical ...

Just because a particular issue gets trimmed from the SEC’s exam priorities list one year to the next doesn’t mean that issue has fallen off ...

You’ve known since Dodd-Frank passed and ordered the SEC’s Division of Investment Management to once again employ examiners that firms would have to worry about ...

The Securities and Exchange Commission today charged a Bellevue, Wash.-based investment advisory firm and its CEO with fraudulently inflating the values of investments in the ...

As the Court found in its Order & Opinion, for several months in 2008, instead of independently valuing the two illiquid Fund securities, Respondent took ...

These proceedings arise out of a fraudulent scheme orchestrated by a registered investment adviser to inflate the valuations of certain mortgage-backed securities held in the portfolio ...

This matter relates to Deutsche Bank’s overvaluation of certain Leveraged Super Senior (LSS) trades during the height of the global financial crisis which resulted in misstatements ...

A clear violation occurs if an adviser were to engage in a principal trade without obtaining the consent of the client. Advisers Act section 206 ...