The U.S. Securities and Exchange Commission headquarters in Washington, D.C., June 24, 2011. REUTERS/Jonathan Ernst.
Form PFs include information about investment strategy, portfolio companies
SEC uses forms to collect data, identify enforcement priorities
Firms fined $75,000, didn’t admit or deny allegations
The SEC censured 13 private investment firms for failing to file timely disclosures about their investment funds, strategies and portfolio companies. Each firm agreed to pay a $75,000 penalty without admitting or denying the SEC’s findings. “These advisers’ repeated reporting ...