May 09, 2018 BY Valentina Kirilova
Hedge fund firm charged for asset mismarking and insider trading
The Securities and Exchange Commission (SEC) announced the hedge fund advisory firm Visium Asset Management LP has agreed to settle charges related to asset mismarking and insider trading by its privately managed hedge funds and portfolio managers. Separately, the firm’s CFO agreed to settle charges that he failed to respond appropriately to red flags that…
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