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Thursday, April 25, 2024

SEC Says New York Advisors Falsified AUM to Entice Investors: Enforcement

By ThinkAdvisor. Originally published at ValueWalk.

SEC Says New York Advisors Falsified AUM to Entice Investors: Enforcement

The Securities and Exchange Commission charged a New York-based investment advisor, Hyaline Capital Management, LLC, and one of its founders, Justin D. Meadlin, with disseminating false information to prospective investors and clients in order to induce them to invest money with them. The SEC’s complaint, filed in federal court in New York, alleges that beginning in…

By Unknown (Stefeyboy at en.wikisource) [Public domain], from Wikimedia Commons

The post SEC Says New York Advisors Falsified AUM to Entice Investors: Enforcement appeared first on ValueWalk.

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