{"id":7596,"date":"2008-04-25T00:00:00","date_gmt":"2008-04-25T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"gabelli-funds-pays-16m-to-sec","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/04\/2008\/gabelli-funds-pays-16m-to-sec.html","title":{"rendered":"Gabelli Funds pays $16m to SEC"},"content":{"rendered":"<p>FT Alphaville- Gabelli Funds, an investment adviser to mutual funds, on Thursday <a title=\"ft\" href=\"http:\/\/www.ft.com\/cms\/s\/0\/bec596da-1255-11dd-9b49-0000779fd2ac.html\">agreed to pay<\/a> $16m to settle SEC charges involving a market-timing arrangement with a UK-based hedge fund. <\/p>\n<p>The agreement with Gabelli, which neither admitted nor denied the agency&rsquo;s findings, came as the SEC separately filed a civil fraud suit in federal court against a former portfolio manager and the chief operating officer at Gabelli, accusing them of securities fraud for their roles in the alleged market-timing &ndash; or &ldquo;scalping&rdquo; &#8211; arrangement.<\/p>\n<p><a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/ftalphaville.ft.com\/blog\/2008\/04\/25\/12596\/gabelli-funds-pays-16m-to-sec\/\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FT Alphaville- Gabelli Funds, an investment adviser to mutual funds, on Thursday agreed to pay $16m to settle SEC charges involving a market-timing arrangement with a UK-based hedge fund. The agreement with Gabelli, which neither admitted nor denied the agency&rsquo;s [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-7596","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7596","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=7596"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/7596\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=7596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=7596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=7596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}