Action against Respondent, a registered investment adviser, for alleged violations of the Investment Advisers Act. According to the SEC, Respondent failed to disclose conflicts of interest related to third-party service provider agreements and certain administrative costs charged to Respondent’s funds. The SEC also alleges that Respondent misallocated some of its costs. Respondent has agreed to pay disgorgement of $1,863,242, prejudgment interest of $71,070, and a civil penalty of $1 million.
Home > Financial Institutions and Regulated Entities > In re Yucaipa Master Manager, LLC (A.P. Dec. 13, 2018, Settled)
