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Post by bot on Dec 28, 2010 20:06:19 GMT -5
SEC Charges San Francisco Managers of Subprime Loan Hedge Fund With Fraudulent Misuse of Fund Assets The Securities and Exchange Commission today charged two San Francisco-based investment adviser firms along with their former CEO, former general counsel, and former portfolio manager with defrauding investors in a $100 million hedge fund that invested in subprime automobile loans. www.sec.gov/news/press/2010/2010-254.htm
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