Publications

SEC Sanctions Hedge Fund Advisers

Fall 2005
Kelli Moll
Investment Management Developments - Fall 2005

On July 8, 2005, the Securities and Exchange Commission (the "SEC") issued an administrative order and brought cease-and-desist proceedings (the "Order") under the Securities Act of 1933 (the "Securities Act"), the Investment Advisers Act of 1940 and the Investment Company Act of 1940 (the "Investment Company Act") against Gerald Klein & Associates, Inc. (GKA") and Klein Pavlis & Peasley Financial, Inc. ("KPP"), two Southern California-based registered investment advisers.