Guggenheim under SEC Inquiry for Alleged Self-Dealing

by James Fontanella-Khan, Sujeet Indap, Joe Rennison and Kara Scannell of the Financial Times

Why due diligence of investment managers is getting more complex. This is especially the case as managers become more complex. Caveat emptor.

"Top executives at Guggenheim Partners carried out a series of deals (at least $1bn of client money ) with companies close to the Wall Street firm’s leadership that have triggered concerns over possible favouritism and self-dealing from its own internal compliance, auditing and investment teams, a Financial Times investigation has found."

Click Here for Full/Original Article

Guggenheim under SEC Inquiry for Alleged Self-Dealing

Why Become an InsurerCIO Member?

InsurerCIO is a resource for insurance companies to find the latest news and insight on the current financial landscape.


Free Membership Benefits Include:

Already a Member? Click here to Login >>