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Showing 1 - 9 of 9 results for "Sanjay Wadhwa"

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
... their participants, like the firms at issue here," the acting director of the SEC's Division of Enforcement Sanjay Wadhwa said. "In today's actions, while holding firms responsible for their recordkeeping failures, the Commission once more recognised ...

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
... also announced charges against the former investment chief. Acting director of the SEC's division of enforcement Sanjay Wadhwa said Leech's allegedly fraudulent conduct was a "shocking betrayal" of his clients. "Investment advisers are at all times obliged ...

Invesco Advisers pays $26m over false ESG claims

JAMIE WILLIAMSON  |  MONDAY, 11 NOV 2024
... assets were ESG integrated. But saying it doesn't make it so," said SEC Division of Enforcement acting director Sanjay Wadhwa said. "Companies should be straightforward with their clients and investors rather than seeking to capitalise on investing trends ...

JP Morgan subsidiaries fined $230m by regulator

JAMIE WILLIAMSON  |  FRIDAY, 1 NOV 2024
... lines violated various laws designed to protect investors from the risks of self-dealing and conflicts of interest," Sanjay Wadhwa, acting director of the SEC's Division of Enforcement, said. "With today's settlements, which include multiple self-reports ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... advisers must ensure that their actions conform to their words," said SEC division of enforcement deputy director Sanjay Wadhwa, who is head of the SEC's Climate and ESG Task Force. "Here, DWS advertised that ESG was in its "DNA," but, as the SEC's order ...

Wall Street firms slugged $442m for recordkeeping breach

KARREN VERGARA  |  WEDNESDAY, 9 AUG 2023
... reasonably supervise with a view to preventing and detecting those violations." SEC deputy director of enforcement Sanjay Wadhwa commented that recordkeeping failures such as these undermine the SEC's ability to exercise effective regulatory oversight ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... strategies as 'ESG,'" deputy director of the SEC Division of Enforcement and head of the Climate and ESG Task Force Sanjay Wadhwa said. "When they do, they must establish reasonable policies and procedures governing how the ESG factors will be evaluated ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
... wasn't the case. Deputy director of the SEC's Division of Enforcement and head of its limate and ESG Task Force, Sanjay Wadhwa explained the findings. "Registered investment advisers and funds are increasingly offering and evaluating investments ...

Former investment adviser charged with $85m fraud

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
... "As alleged, Hu's deception caused substantial losses to a retail mutual fund, and other funds IIG advised," Sanjay Wadhwa, senior associate director of the SEC's New York Regional Office said. "The SEC remains committed to holding accountable ...
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