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
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:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US SEC charges investment firm linked to Russian billionaire By ReutersUS SEC charges investment firm linked to Russian billionaire
Source: Investingcom - 🏆 450. / 53 Read more »
SEC charges U.S. investment advisor for sanctioned-Russian billionaire Roman AbramovichInvestigators say Concord Management handled over $7 billion in investments for a Russian billionaire but never registered with regulators
Source: MarketWatch - 🏆 3. / 97 Read more »
US SEC charges investment firm linked to Russian billionaireThe U.S. Securities and Exchange Commission (SEC) on Tuesday charged Concord Management and its owner with failing to register with regulators while operating as an investment adviser to an unidentified billionaire former Russian official.
Source: Reuters - 🏆 2. / 97 Read more »