September 22, 2023/US SEC The Securities and Exchange Commission today announced settled charges against broker-dealer Citadel Securities LLC for violating a provision of Regulation SHO, the regulatory framework designed to address abusive short selling practices, which requires broker-dealers to mark sale orders as long, short, or short exempt. These records […]
Frauds & Scandals
SEC Charges Private Equity Fund Adviser American Infrastructure Funds for Breaching Its Duties
September 22, 2023/US SEC The Securities and Exchange Commission today announced that American Infrastructure Funds LLC (AIM), a Foster City, California-based registered investment adviser to private funds, agreed to pay more than $1.6 million to settle charges resulting from its acceleration of portfolio company monitoring fees, for transferring a private […]
Goldman to Pay SEC $6 Million in Penalties for Providing Deficient Blue Sheet Data
September 22, 2023/US SEC The Securities and Exchange Commission today announced settled charges against Goldman Sachs & Co. LLC for failing to provide complete and accurate securities trading information, known as blue sheet data, to the SEC. Goldman agreed to pay a $6 million penalty to resolve the SEC’s charges. […]
