Investment Adviser Firm, Former Partner Settle SEC Allegations Of Misleading Client

(January 26, 2024, 1:42 PM EST) -- WASHINGTON, D.C. — An investment adviser firm and a former partner have agreed to settle the Securities and Exchange Commission’s allegations that they misled an educators’ retirement fund about discrepancies regarding the retirement fund’s returns on investments, according to an SEC news release and two cease-and-desist orders issued by the commission as part of an agency enforcement action on Jan. 25....