SEC fines hedge fund advisor for inflating mortgage bond prices

Index-Linked Bond: An index-linked bond is a bond in which payment of interest income on the principal is related to a specific price index, usually the consumer price index. This feature provides.

It also alleged that one of the hedge fund manager defendants tipped another hedge fund manager about an impending cut to Medicare reimbursement rates for certain home health services, and that the third hedge fund manager made $300,000 for the hedge funds he managed by trading on that information.

The Securities and Exchange Commission fined a Connecticut-based hedge fund advisory firm for fraudulently inflating the prices of residential mortgage-backed securities in hedge fund portfolios.

Hedge funds are more loosely regulated than traditional mutual funds and tend to invest in different types of securities. This can mean higher returns, but it can also mean higher fees and greater risk of loss. If you’re thinking of investing in a hedge fund, here’s what you need to know.

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SEC Fines Hedge Fund $5 million for Weak Valuation Process that Undervalued Securities. The SEC brought another investment adviser to task for failure to value assets properly in its case against.

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Evergreen – SEC charged the firm with overstating the value of a mutual fund invested primarily in mortgage-backed securities and only selectively telling shareholders about the fund’s valuation problems. Evergreen settled the charges by paying more than $40 million, most of which was returned to harmed investors.

The Securities and exchange commission today announced that it has charged New York-based investment adviser Premium Point Investments LP with inflating the value of private funds it advised by hundreds of millions of dollars. The SEC also charged Premium Point’s CEO and chief investment officer Anilesh Ahuja as well as Amin Majidi, a former partner and portfolio manager at the firm, and.

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The Securities and Exchange Commission fined a Connecticut-based hedge fund advisory firm for fraudulently inflating the prices of residential mortgage-backed securities in hedge fund portfolios.

The U.S. Attorney for the Southern District of New York said it’s arrested a hedge fund founder, portfolio manager and a trader with mismarking securities by over $200 million. The three arrested.