A New York investment advisor and broker-dealer firm and its former chief compliance officer have been fined and censured for not fixing compliance failures identified by two federal agencies, then altering documents in an attempt to convince investigators the failures had been addressed.
The firm, Gilder Gagnon Howe & Co., has been fined $1.7 million by the Securities and Exchange Commission (SEC), while its former CCO, Bonnie Haupt, has been fined $45,000, according to the SEC order released Thursday.
