Hedge Funds
SEC Charges Cambridge Capital Group Advisors with Defrauding NFL Players
Posted on Monday, September 16th, 2019 at 8:17 pm
In August 2019, the Securities and Exchange Commission (SEC) charged Tallahassee-based investment adviser firm Cambridge Capital Group Advisors, LLC (f/k/a Cambridge Capital Advisors, LLC); Cambridge’s president Phillip Timothy Howard, a Florida attorney who represented the retired players in the class action lawsuit; and Don Reinhard (CRD# 1605933), a former registered investment adviser previously barred by […]
Deutsche Bank Fined $500,000 for Misleading Hedge Fund Investment Process
Posted on Wednesday, May 8th, 2019 at 1:24 pm
In April 2019, the Securities and Exchange Commission (SEC) fined the United States unit of Deutsche Bank $500,000. According to reports, Deutsche Bank Trust Company Americas claimed to rely on a rigorous testing process when selecting hedge fund investments for its wealth-management clients. However, this was not the case. Instead, the SEC found that Deutsche […]