The SEC issued no action relief to a fund seeking to file a post-effective amendment to its registration statement pursuant to Rule 486(b).
News & Insights
The SEC settled charges against a private equity fund advisory firm and its owner for engaging in brokerage activity and imposing fees without the firm first registering as a broker-dealer.
An Israel-based bank agreed to pay $1.6 million to settle SEC charges that it provided investment advice and executed securities transactions for U.S. customers without registering as an investment adviser or broker-dealer.
A non-U.S. firm agreed to pay $1.7 million to settle SEC charges of misleading investors into trading binary securities options over the internet.
Angel Oak Capital Partners, LLC agreed to pay $3.6 million to settle SEC charges alleging that the company violated requirements of the Exchange Act by operating as an unregistered broker-dealer.