06/21/2010 04:33:00 PM EST
SEC accuses money manager of fraud
WASHINGTON-(AP) Federal regulators on Monday filed civil fraud charges against an investment adviser and his firm in connection with complex securities tied to mortgages during the housing market bust.
The Securities and Exchange Commission accused Thomas Priore and ICP Asset Management of fraudulently managing the securities in a way that cost…
Subscribers to www.lexis.com may read the full version of this article here.