- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Aaron Nicodemus2024-06-13T16:54:00
A registered investment adviser and exempt reporting adviser will combine to pay more than $2 million for allegedly misleading investors about their short fund strategy and related recordkeeping violations.
Dallas-based registered investment adviser Anson Funds Management and Toronto-based exempt reporting adviser Anson Advisors were fined $1.25 million and $1 million, respectively, by the Securities and Exchange Commission for issuing misleading statements about securities that Anson Funds held short positions on, the SEC said in an administrative proceeding Tuesday.
From 2018-23, Anson Funds declined to disclose to its investors its short position strategy involved working with a short position publisher to issue “bearish” reports and social media posts about certain securities, the SEC alleged.
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2024-06-26T13:54:00Z By Adrianne Appel
A Nevada energy and manufacturing company headquartered in Nova Scotia agreed to pay $1 million to settle charges levied by the Securities and Exchange Commission for alleged market manipulation and fraud, while the agency further investigates its former chief executives.
2024-03-08T17:23:00Z By Jeff Dale
Footwear company Skechers agreed to pay $1.25 million to settle charges by the Securities and Exchange Commission of failing to disclose payments to executives’ family members.
2024-03-04T17:27:00Z By Jeff Dale
New York-based investment adviser HG Vora Capital Management agreed to pay $950,000 to settle charges levied by the Securities and Exchange Commission alleging failure to report beneficial ownership regarding its stake at trucking transport company Ryder System.
2025-04-03T13:40:00Z By Adrianne Appel
A Federal Trade Commission case against insulin price gouging has come to a screeching halt after two Democratic commissioners were fired by President Donald Trump.
2025-03-27T13:11:00Z By Jeff Dale
The U.K. Financial Reporting Council issued penalties against PwC and a former auditor over deficiencies on work related to the 2019 financial statements of now shuttered Wyelands Bank.
2025-03-27T12:49:00Z By Aaron Nicodemus
Yet another government contractor has been slapped with a fine by the Department of Justice for applying lax cybersecurity defenses on sensitive government data.
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