NASCAR-Related Index Fund Shut Down After SEC Scrutiny
The SEC's Asset Management Unit charged David Dube and his firm, Peak Wealth Opportunities, on Friday with failing to provide examiners with records of a mutual fund advisory business that invested in NASCAR-related stocks.
SEC Enforcement Roundup: $100M Real Estate Ponzi Scheme Busted
Recent SEC actions include shutting down two Ponzi schemes, one that brought in $100 million and another that collected $42 million. A Malaysian advisor was sued for not advising.