By KAREN VELIE McClatchy, the owner of the San Luis Obispo Tribune and 29 other newspapers, agreed to pay $19.4 million to settle Securities and Exchange Commission charges that the firm improperly…
McClatchy, the owner of the San Luis Obispo Tribune and 29 other newspapers, agreed to pay $19.4 million to settle Securities and Exchange Commission charges that the firm improperly traded securities, according to anChatham Asset Management, the owner of McClatchy, advised one client to sell certain American Media bonds while a different Chatham-advised client purchased the same bonds, according to the SEC.
“As our order finds, Chatham’s trading in American Media bonds had the effect of increasing the prices of those generally illiquid securities in a way that was disconnected from economic reality,” said Sanjay Wadhwa, Deputy Director of the SEC’s Division of Enforcement. “We remain vigilant in rooting out such misconduct in the marketplace, including in the fixed income sector, where investments can be less liquid.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
A $20 Million Malibu Home Has Sold to a High-End Supermarket Chain OwnerJosephine Antoci, owner of the trendy Erewhon grocery stores, bought an oceanfront home on Broad Beach from nursing home mogul Lee Samson.
Leer más »
Spotify code suggests HiFi tier is coming with lossless audio for $20 / monthSpotify Supremium could have a $19.99 / month price.
Leer más »
I Tried the Blush & Bronzer Stick Every TikToker Swears By & I’m Obsessed—But It’s Selling Out FastAnd they're both under $20 a pop.
Leer más »
Sommelier Tries 10 Tequilas From $20-$175Sommelier André Houston Mack returns to Bon Appétit to give his impressions on 10 tequilas, ranging in price from only $20 all the way up to $175 a bottle.
Leer más »
Olivia Rodrigo tickets go on sale today, starting at just $20You don't want to miss out on this opportunity to see Olivia Rodrigo perform live
Leer más »
MMA star Angela Lee details 2017 suicide attempt in an essay for The Players’ TribuneMixed martial artist Angela Lee has written about trying to take her own life six years ago in a personal essay for The Players’ Tribune, while confirming that her sister Victoria died by suicide last year.
Leer más »