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Category Archives: HedgeCo News

SEC Awards $450,000 to Whistleblower

(HedgeCo.Net) The Securities and Exchange Commission today announced an award of $450,000 to a whistleblower whose significant information helped focus an ongoing investigation on the violations that were ultimately charged. The whistleblower, who had compliance-related responsibilities, is eligible for an […]

SEC Charges Microcap Company and Its CEO with Fraud

(HedgeCo.Net) The Securities and Exchange Commission has charged a Connecticut-based penny stock company and its CEO with making false and misleading statements in press releases as part of a scheme to defraud investors. According to the SEC’s complaint, Halitron, Inc. […]

SEC Provides Additional Temporary Regulatory Relief and Assistance to Market Participants Affected by COVID-19

(HedgeCo.Net) The Securities and Exchange Commission announced that it is providing additional temporary regulatory relief to market participants in response to the effects of the Coronavirus Disease 2019 (COVID-19). The actions announced today involve (1) parties needing to gain access […]

SEC Charges Investment Adviser for Failing to Disclose Conflicts

(HedgeCo.Net) The Securities and Exchange Commission charged Donald H. Hunter, an unregistered investment adviser based in Ridgefield, Connecticut, with failing to disclose material conflicts of interest related to the sale of shares of You Angel Finance, LLC. According to the […]

SEC Awards Over $570,000 to Two Whistleblowers

(HedgeCo.Net) The Securities and Exchange Commission today announced awards totaling over $570,000 to two whistleblowers who provided significant information and assistance that helped the Commission bring multiple successful enforcement actions. The first whistleblower received an award of approximately $478,000 and […]

SEC Provides Temporary Additional Flexibility to Registered Investment Companies Affected by Coronavirus

(HedgeCo.Net) The Securities and Exchange Commission today announced temporary flexibility for registered funds affected by recent market events to borrow funds from certain affiliates and to enter into certain other lending arrangements. Today’s relief is designed to provide funds with […]

SEC Provides Conditional Regulatory Relief for Registered Transfer Agents and Certain Persons Affected by the Coronavirus

(HedgeCo.Net) The Securities and Exchange Commission today announced that it is providing conditional regulatory relief for registered transfer agents and certain other persons with regulatory obligations under the federal securities laws. The impacts of COVID-19 may present challenges for transfer […]

Recidivist Investment Adviser Charged with Fraud and Seeks Enforcement of a Commission Order

(HedgeCo.Net) The Securities and Exchange Commission announced charges against recidivist Brandon E. Copeland for violating a Commission order and, together with his investment adviser firm, E.B. & Copeland Capital, Inc., deceiving potential investors in a pooled investment vehicle. In July […]

Three Individuals Charged for Falsifying Records in Connection with Investment Adviser Ponzi Scheme Investigation

(HedgeCo.Net) The Securities and Exchange Commission has charged three individuals who, while working for an investment adviser, falsified and withheld documents that were requested by staff of the SEC during an examination and ensuing enforcement investigation. According to the SEC’s […]

CFTC Issues Second Wave of Relief to Market Participants in Response to COVID-19

(HedgeCo.Net) The Commodity Futures Trading Commission has announced the Division of Market Oversight (DMO) has issued three no-action letters providing temporary, targeted relief to swap execution facilities (SEFs) and certain designated contract markets (DCMs) in response to the COVID-19 (coronavirus) […]

Jury Finds Investment Adviser and its Owner Liable for Fraud

(HedgeCo.Net) Jurors in New Haven, Connecticut, federal court returned a verdict in the Securities and Exchange Commission’s favor against an investment adviser and its owner. The jury found that Westport Capital Markets, LLC, a Connecticut-based investment advisory firm, and its […]

Russian National Charged for Defrauding Investors of Over $26 Million in Phony Certificates of Deposit Scam

(HedgeCo.Net) The Securities and Exchange Commission has announced charges against Denis Georgiyevich Sotnikov and entities he controlled for allegedly participating in a fraudulent scheme to lure U.S. investors into buying fictitious Certificates of Deposit (CDs) promoted through internet advertising and […]