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Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations

Crypto Hedge Fund Galois Capital Fined $225,000 by SEC for Custody Rule Violations
© Copyright Image: BuyUcoin Blog

The U.S. Securities and Exchange Commission (SEC) has slapped Galois Capital Management LLC with a $225,000 fine for falling short of the Custody Rule laid out in the Investment Advisers Act. The crypto-centric hedge fund and advisory firm was also accused of misleading investors about the redemption process. SEC Charges Galois Capital According to the []

Read more: https://blog.buyucoin.com/feed-exclusion/crypto-news/crypto-hedge-fund-galois-capital-fined-225000-by-sec-for-custody-rule-violations/

Text source: BuyUcoin Blog

Disclaimer: Financial information and news are not financial advice, read the disclaimer.
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