In the Margins

SEC looks into Guggenheim Bob Diamond investments

October 17, 2017

By Bloomberg

The Securities and Exchange Commission is reviewing whether Guggenheim Partners inappropriately steered client money into Bob Diamond’s businesses. The review is part of a broad examination of Guggenheim by SEC lawyers in Los Angeles, though Guggenheim hasn’t been accused of any wrongdoing. Read the original story from Bloomberg

 

 

Most Read

Top of the Agenda - Regulatory
SEC ETF rule proposal likely on boards' fall agendas

Boards overseeing exchange-traded funds—or working with advisers that plan to enter the ETF market—are likely to spend time at their third- and fourth-quarter meetings familiarizing themselves ...

Top of the Agenda - Legal
Appeals court upholds 2016 AXA ruling

The U.S. Court of Appeals on Tuesday affirmed a lower court decision in favor of the defendants in an excessive fees case against AXA Equitable Life ...