Tag: sec

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Investment Adviser Fiduciary Duty As To Fees

Judge Not Under An Unjust Standard: Why An Investment Adviser’s Fiduciary Duty As To Fees Under Section 36(B) Of The Investment Company Act Of 1940 Is Illusory And Unjust Until An Adjudicated Case Illustrates A Breach Of The Fiduciary Duty […]

Non-GAAP Use Behind Earnings Growth

Non-GAAP Use Behind Earnings Growth

Over the past few years, the use of non-GAAP financial metrics has exploded. In the quest for ever-increasing revenues, higher earnings and of course higher management compensation, companies have been touting these adjusted figures to investors despite the fact they’re […]

Visium Asset Management Charged By DoJ, SEC

Visium Asset Management Charged By DoJ, SEC

An investigation into Visium Asset Management, first reported on March 7, has yielded charges against three hedge fund managers, two charged with insider trading and a third charged with falsely inflating asset values to generate higher fund fees. Visium employees […]