29.05.2025 No safe harbor in confidentiality agreements, says SEC in hedge fund manager Father Emmanuel Lemelson case
Matthias Knab, Opalesque for New Managers:

In a significant development for regulatory enforcement in the hedge fund world, the Securities and Exchange Commission (SEC) has denied a motion by hedge fund manager Father Emmanuel Lemelson (born Gregory Lemelson) to quash a subpoena seeking documents from a FINRA arbitration involving his fund, Amvona Fund, and brokerage Clear Street LLC. The SEC&#

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