SEC charges investment firm linked to Russian billionaire

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

Concord Management allegedly failed to register as an investment advisor with regulators.

WASHINGTON: The US Securities and Exchange Commission on Tuesday charged Concord Management and its owner with failing to register with regulators while operating as an investment advisor to an unidentified billionaire former Russian official.

A spokesman for Concord and Matlin said in an emailed statement that “a full and fair review of the applicable law and relevant facts will underscore that Concord Management and Michael Matlin complied with all regulatory and legal requirements.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines