Judge Bans Adviser From Lying To Clients In $5.9M SEC Case

By Aaron Keller (February 29, 2024, 8:00 PM EST) -- A federal judge in Connecticut has imposed additional protections after the U.S. Securities and Exchange Commission said an investment advisor accused of fraudulently raising $5.9 million lied about his reserves and claimed he could quickly repay clients, despite a previous injunction freezing assets in four Chase Bank accounts....

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