SEC Settles with Adviser Over Discretionary Valuation Practices and Lack of Cross Trade Procedures
By EsqSocial Corporation 29/11/13
The SEC settled public administrative proceedings against a registered investment adviser (the “Adviser”) over (i) its exercise of discretion in valuing securities held by a privately offered fund the Advised managed (the “Fund”) “whose prices were...
By: Goodwin Procter LLP