Guggenheim Says It Is Cooperating With Sec Investigation

Guggenheim Says It Is Cooperating With Sec Investigation

NEW YORK - Guggenheim Partners on Sunday said it was "cooperating fully" with an investigation of its asset management subsidiary that is being condu

Ge Takes 42 Billion Charge Restates Earnings
Berkshire Intends To Oppose Usg Board Nominees After Knauf Bid
Artist Jeff Koons New York Gallery Are Sued Over Late Sculptures

NEW YORK – Guggenheim Partners on Sunday said it was “cooperating fully” with an investigation of its asset management subsidiary that is being conducted by the U.S. Securities and Exchange Commission.

“We are cooperating fully with the SEC’s investigation of our subsidiary,” the statement read, “and we cannot comment further.”

The statement followed a report in the Wall Street Journal that the company was asked to retain documents related to transactions involving a second company, ABS Capital Co LLC.

The SEC is pursuing details on a real-estate transaction and other deals involving ABS Capital, which is owned by two former Guggenheim managers, the Journal reported, citing unidentified people.

COMMENTS

WORDPRESS: 0
DISQUS: