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SEC Hits RIA With $100K Marketing Rule Fine
June 14, 2024 at 11:02 AM
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What You Need To Know
- Twenty Acre Capital misled investors in the performance advertising of a private fund it advised, the SEC says.
- The firm presented returns that were experienced by a single investor who had access to IPO investments that others did not.
- The fund's actual performance was often far lower.
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