The Securities and Exchange Commission (SEC) is launching a “specialized unit” within its Division of Enforcement that will “pursue accounting and financial reporting fraud cases” and general misconduct in accounting and auditing among firms governed by the regulator. “The Financial Reporting and Accounting Unit will work in close collaboration with staff across all relevant SEC… Read More >>
Apollo Global Management Reaches $52.7M Settlement with SEC
Private equity giant Apollo Global Management has settled with the SEC for $52.7 million for alleged fee and conflict of interest violations while the firm counters that it has been enhancing its disclosure and compliance efforts related to these matters long before the regulator’s inquiry began. SEC officials are charging that four private equity fund… Read More >>
