Sean and Shane Hvizdzak are accused of pocketing $26 million of investors’ funds.
Private equity isn’t always a market beater and charges high fees. Besides, it’ll be confined to larger investment pools, like target-date funds, which limits its impact.
S&P and Moody’s take it heavy in an SEC hearing. A run-up to a replay of their 2008-09 vilification?
The company’s subsidiary, Bloomberg Tradebook, allegedly transferred low-commission client orders to unaffiliated broker dealers.
Investment advisers, funds, and public companies are granted 45-day extensions for certain reports.
Manager is accused of misleading investors and using funds to buy luxury apartments.
SEC says today’s Names Rules may not be effective in stopping the implementation of misleading fund names.