Skip to content

Font size: A- | A | A+

Investor.gov Logo for Print

News and Alerts

12/17/2012

SEC Charges Germany-Based Allianz SE with FCPA Violations

Washington, D.C., Dec. 17, 2012 — The Securities and Exchange Commission today charged Germany-based insurance and asset management company Allianz SE with violating the books and records and internal controls provisions of the Foreign Corrupt Practices Act (FCPA) for improper payments to government officials in Indonesia during a seven-year period.Read more

12/17/2012

SEC Charges Connecticut-Based Adviser for “Skin in the Game” Misstatements About CDOs

Washington, D.C., Dec. 17, 2012 — The Securities and Exchange Commission today charged a Connecticut-based investment adviser with falsely stating to clients that it was co-investing alongside them in two collateralized debt obligations (CDO).Read more

12/12/2012

Hedge Fund Manager to Pay $44 Million for Illegal Trading in Chinese Bank Stocks

Washington, D.C., Dec. 12, 2012 — The Securities and Exchange Commission today charged the manager of two New York-based hedge funds with conducting a pair of trading schemes involving Chinese bank stocks and making $16.7 million in illicit profits. He and his firms have agreed to pay $44 million to settle the SEC’s charges.Read more

12/11/2012

SEC Charges New York-Based Fund Manager with Conducting Fraudulent Trading Schemes

Washington, D.C., Dec. 11, 2012 — The Securities and Exchange Commission today charged a New York-based fund manager with conducting a pair of illegal trading schemes to financially benefit his investment fund Octagon Capital Partners LP.Read more

12/10/2012

SEC Charges Eight Mutual Fund Directors for Failure to Properly Oversee Asset Valuation

Washington, D.C., Dec. 10, 2012 — The Securities and Exchange Commission today announced charges against eight former members of the boards of directors overseeing five Memphis, Tenn.-based mutual funds for violating their asset pricing responsibilities under the federal securities laws.Read more