![\"\"](\"http:\/\/www.hedgeco.net\/news\/wp-content\/uploads\/2010\/10\/displayimage.php_.jpg\" "\\"SEC")
<\/a><\/p>\n\u201cSide pockets are not supposed to be a dumping ground for hedge-fund managers to conceal overvalued assets,\u201d Robert Kaplan, co-head of the SEC unit that polices asset managers, said, according to the paper.<\/p>\n
The two hedge fund managers \u201cstrongly deny\u201d the allegations.<\/p>\n
*The holdings in a side pocket have to be sold before redemption.<\/p>\n
Alex Akesson New York (HedgeCo.net) – The SEC has sued two Georgia hedge fund managers, Bloomberg reports, alleging that Paul Mannion and Andrew Reckles overvalued their illiquid assets, hiding losses while collecting fees. The SEC claims Mannion and Reckles stole up to […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16005,3],"tags":[],"class_list":["post-18387","post","type-post","status-publish","format-standard","hentry","category-developing-stories","category-hedgeco-news"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=18387"}],"version-history":[{"count":4,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18387\/revisions"}],"predecessor-version":[{"id":18389,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/18387\/revisions\/18389"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=18387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=18387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=18387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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