| 01.10.2024 Other Voices: SEC charges crypto hedge fund Galois with custody rule violations and misleading fund investors |
| By U.S. law firm Seward & Kissel LLP. On September 3, 2024, the U.S. Securities and Exchange Commission (SEC) announced settled charges against Galois Capital Management LLC, a Florida-based former registered investment adviser, for failing to ensure that certain crypto-assets held by the private fund it advised were maintained with a qualified custodian, as required by Rule 206(4)-2 (the Cust |
| Article source: https://www.sewkis.com/publications/sec-charges-crypto-firm-with-custody-rule-violations-and-misleading-fund-investors-on-the-timing-of-redemption-notices/ - Opalesque is not responsible for the content of external internet sites |