Heartland under the SEC’s microscope


The Securities & Exchange Commission (SEC)’s probe into pricing abuses in the mutual fund industry has for the first time stretched to the high-yield market, after the regulator charged Heartland Advisors with insider trading.

The SEC last month announced civil fraud charges against Heartland, its CEO William Nasgovitz, two portfolio managers, four officers, five directors, a pricing service and one individual for misrepresentations, mispricing and insider trading in two Heartla

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: