(Reuters) - The settlement comes less than two days after GLG Partners,
one of Europe's biggest hedge funds with $12 billion in assets,
said it plans to go public in the United States.
Regulators said the firm engaged in manipulative
short-selling that helped earn it $2.2 million in illegal
profit between July 2003 and July 2005. The agency said GLG
violated a key SEC rule 16 times in connection with 14
different public offerings.
Read more at Reuters.com Government Filings News
one of Europe's biggest hedge funds with $12 billion in assets,
said it plans to go public in the United States.
Regulators said the firm engaged in manipulative
short-selling that helped earn it $2.2 million in illegal
profit between July 2003 and July 2005. The agency said GLG
violated a key SEC rule 16 times in connection with 14
different public offerings.
Read more at Reuters.com Government Filings News
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