Anticipated SEC Disclosure Crackdown Underway, Sterne Agee Calms FearsMark Melin
An expected Securities and Exchange Commission (SEC) crackdown that we first reported in ValueWalk April 30 may be underway, but this shouldn’t be cause for concern for shareholders in alternative asset stocks, says a Sterne Agee report.
The issue was recently ignited again when Andrew Bowden, the head of the SEC's exam program, indicated that the SEC has identified "violations of law or material weaknesses in controls over 50% of the time" in its reviews of funds. The issues center around hidden fees, misallocation of . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email firstname.lastname@example.org or click Chat.