Wednesday, June 10, 2009

SEC Will Soon Say It's Quality, Not Quantity

In a press release today, the Commission is charging an investment adviser with misappropriating funds from his clients.

Wait! Continue reading:

The Securities and Exchange Commission today charged an investment adviser who lives in Armonk, N.Y., for orchestrating a scheme in which he stole more than $6 million in investor funds for his own personal use, in some instances victimizing clients who were terminally ill or mentally impaired.

This guy is extra special. Nice work SEC, we've been too hard on you.

SEC Charges New York-Based Investment Adviser for Stealing Client Funds
[] Sphere: Related Content

1 comment:

  1. How do retards save up enough to use an investment adviser? They must have been in IT with KPMG.