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SEC Charges Sound Point Capital Management for Compliance Failures in Handling of Nonpublic Information

Fund adviser’s policies failed to consider potential impact of material nonpublic information gained from role as company lenders August 27, 2024/US SEC The Securities and Exchange Commission today announced settled charges against New York-based registered investment adviser Sound Point Capital Management LP for failing to establish, maintain, and enforce written […]

Nigeria’s GDP Grew by 3.19% in Q2 2024

August 27, 2024/CSL Research The Gross Domestic Product (GDP) report published by the National Bureau of Statistics (NBS) indicates that Nigeria’s GDP grew by 3.19% y/y in real terms in Q2 2024. This growth rate surpasses the 2.51% recorded in the second quarter of 2023 and the 2.98% reported in […]

SEC Issues $24 Million Awards to Two Whistleblowers

August 26, 2024/US SEC The Securities and Exchange Commission today announced awards of more than $24 million to two whistleblowers whose information and assistance led to an SEC enforcement action and an action brought by another agency. The first whistleblower will receive an award of $4 million, while the second […]