Tagged with "hedge fund"

QED Benchmark Management Agrees to Reimburse Investor Losses

Posted on February 18th, 2016 at 12:37 PM
QED Benchmark Management Agrees to Reimburse Investor Losses

On January 28th the Securities and Exchange Commission announced that a Manhattan based investment advisory firm, along with its Toronto based hedge fund manager, has settled charges involving the issuance of misleading information to investors regarding strategy and past performance.

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California Man Is Charged in a $5.5 Million Hedge Fund Ponzi Scheme

Posted on January 26th, 2015 at 10:30 AM
California Man Is Charged in a $5.5 Million Hedge Fund Ponzi Scheme

Geoffrey Nehrenz, an investment adviser, was charged with defrauding 19 investors out of $5.5 million in a Ponzi scheme involving a hedge fund.

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LATEST NEWS AND ARTICLES

July 26, 2024
Kentucky Advisor Sues LPL Financial for Alleged Corporate Raid

A Kentucky advisor, Mark Lamkin, has filed a lawsuit against LPL Financial, claiming the independent broker-dealer orchestrated a corporate raid that resulted in the loss of his firm’s entire book of managed assets.

July 25, 2024
FINRA Plans Fee Increases Amid Rising Costs and Losses

The Financial Industry Regulatory Authority (FINRA) has announced plans to raise fees for its approximately 3,300 broker-dealer member firms. According to AdvisorHub, the self-regulator faces soaring costs, as detailed in its annual report published at the end of June.

July 24, 2024
Raymond James Settles with Oregon Over Excessive Commissions

Raymond James recently settled a case with Oregon's Division of Financial Regulation (“DFR”), agreeing to pay nearly $200,000 over allegations of charging excessive commissions to retail investors.