- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Kyle Brasseur2023-06-21T16:01:00
New York-based investment adviser Insight Venture Management agreed to pay a $1.5 million penalty in settling with the Securities and Exchange Commission (SEC) for allegedly overcharging management fees and failing to disclose conflicts of interest regarding fee calculations.
Insight, which does business as Insight Partners, also agreed to pay $864,958 in disgorgement and prejudgment interest to impacted funds, which it has already satisfied, the SEC said in a press release Tuesday.
Insight agreed to a censure and cease-and-desist order in reaching settlement.
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2023-06-13T18:55:00Z By Kyle Brasseur
New Jersey-based investment adviser Sabby Management and its managing partner were charged by the Securities and Exchange Commission with engaging in a fraudulent short selling scheme involving the stocks of nearly a dozen public companies.
2023-05-08T17:03:00Z By Aaron Nicodemus
The Securities and Exchange Commission charged New York-based Pinnacle Advisors and several mutual fund trustees with aiding and abetting violations of its Liquidity Rule—the agency’s first enforcement action related to the policy.
2023-05-04T14:59:00Z By Aaron Nicodemus
The Securities and Exchange Commission passed new amendments requiring advisers to hedge and private funds to disclose events that could indicate systemic risk or investor harm, a move the regulator said will improve transparency within $20 trillion of market activity.
2025-05-23T16:19:00Z By Oscar Gonzalez
Three former commissioners of the Consumer Product Safety Commission who were fired by President Donald Trump earlier this month have filed a lawsuit against the government over their dismissal. The move joins many more court battles over Trump’s sudden slashing of government agencies, which some courts have deemed illegal, blocking ...
2025-05-22T14:37:00Z By Aaron Nicodemus
The Federal Trade Commission has ordered web hosting company GoDaddy to implement a “robust” information security program following at least three data breaches that the agency said were aided by lax cybersecurity measures.
2025-05-20T12:30:00Z By Oscar Gonzalez
The U.S. Federal Trade Commission (FTC) took action against a pair of student loan debt relief companies for allegedly deceiving borrowers. The move came despite the Trump administration’s broader efforts to roll back enforcement actions against businesses since taking office.
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