Firm misstated that funds did not invest in companies involved in fossil fuels and tobacco October 21, 2024/US SEC The Securities and Exchange Commission today charged New York-based investment adviser WisdomTree Asset Management Inc. with making misstatements and for compliance failures relating to the execution of an investment strategy that […]
Frauds & Scandals
SEC Obtains Judgments Against Defendants in a Fraudulent Microcap Manipulation Scheme
October 18, 2024/US SEC The Securities and Exchange Commission announced today that, on October 17, 2024, the U.S. District Court for the District of Massachusetts entered final judgments against California resident Brian Quinn and New York resident David Skriloff in an SEC case alleging that they participated in a fraudulent […]
SEC Charges So-Called Market Maker and Its Employee in Crackdown on Manipulation of Crypto Assets Offered and Sold as Securities
October 15, 2024/US SEC The Securities and Exchange Commission announced fraud charges against United Arab Emirates entity CLS Global FZC LLC, a self-proclaimed crypto asset market maker, and its employee Andrey Zhorzhes for engaging in a scheme to manipulate the market for “NexFundAI,” a crypto asset being offered and sold […]
