GLG settles short-selling case with SEC
Fri Jun 29, 2007
The U.S. Securities and Exchange Commission on Tuesday
announced that it has reached a settlement agreement with
London-based hedge fund firm GLG Partners in connection with
allegations of illegal short selling. The announcement came one
day after GLG announced a deal that would take it public in the
GLG, which has $20 billion in gross assets, agreed to pay
more than $3.2 million to...
ISSN: 2151-1845 / CDC10004H
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