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SEC Charges Investment Adviser Linked to Russian Oligarch Roman Abramovich

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Concord Management invested billions of dollars on behalf of its sole client, the SEC said.

The SEC normally polices investment advisers to help protect the public, but Concord only managed the money of a single client.

New York-based investment adviser Concord Management and its owner face Securities and Exchange Commission charges for operating as an unregistered investment adviser to a single client, a wealthy Russian with connections to the Russian government.Continue reading your article with

 

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