The SEC has initiated cease-and-desist proceedings against a portfolio management firm in upstate New York and its CEO for allegedly failing to disclose material conflicts of interest relating to the private funds it was recommending to advisory clients -- charges that the firm vigorously denies.
All On Wall Street articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, blog discussions, the iPad App, CE Exams, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our daily or weekly e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and growth strategies.