Tag: mutual funds

The SEC filed its third asset valuation action in recent weeks. This time the proceeding named as Respondents eight mutual fund directors for failing to properly oversee the valuation of assets in the funds during the market crisis. In the …

SEC Charges Fund Directors In Its Third Recent Valuation Action Read More »

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The SEC prevailed in the Second Circuit Court of Appeals, securing the reversal of an order dismissing its claims against the portfolio manager of a mutual fund and the chief operating officer of the fund’s investment adviser. SEC v. Gabelli, …

THE SEC WINS REVERSAL IN THE SECOND CIRCUIT Read More »

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