Ex-F-Squared CEO on Trial Against SEC in Exchange-Traded Fund Fraud Case

在波士顿的联邦法院，霍华德出席了F-Squared Investments Inc.的前首席执行官兼联合创始人。bob200体育目前，被指控撒谎，该公司的旗舰产品Alphotector Model Portfolio在此过程中赚了数百万美元。

根据监管机构的说法，从2008年开始，现任将阿尔福德人吹捧为成功的往绩追溯到2001年。F平方声称，这种绩效是基于数十亿美元的财富经理制定的策略，而实际上，实际上，it was based on an algorithm that had been applied to historical market information by the manager’s intern, who was a college student at a time. Also, the track record was hypothetical and not historical.

The regulator believes that there was a mistake in the hypothetical figures that caused a substantial inflation of investment performance that was used when creating marketing materials for the AlphaSector. The DEC contends that even though Present knew about the inaccuracies, he did not order a correction and continued to use the inflated performance numbers.

When F-Squared started marketing the strategy to possible clients, rather than stating that the potential performance of the strategy was set up in 2008, Present claimed that actual investment history had been used calculate the track record. A press release was even issued claiming that $100M in client money had been dedicated to the investment strategy for the past several years when the actual monetary figure for that was zero.

现任律师认为，前首席执行官依靠律师来确保营销材料符合规定。他们还声称，尽管F-Squared说Alphosector是由自2001年以来采用的战略决定的，但它从未代表投资绩效。

现在否认有不法行为。他坚持认为，他发出的陈述是以真诚或正确的方式发行的。

如果您认为您的投资损失可能是交换基金欺诈，请联系我们的bob200体育证券律师事务所今天。

前F平方首席执行官在SEC欺诈案中审判，路透社，2017年9月11日

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