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.
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.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
2025-10-06T16:46:00Z By Aly McDevitt
A single $33,000 shipment to Iran triggered a six-figure penalty and years of compliance oversight for biotechnology company LuminUltra Technologies, Inc.
Site powered by Webvision Cloud