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Update On SEC F-Squared Investments Action – Fined $35 Million

The Securities and Exchange Commission (SEC) fined firm F-Squared Investments $35 million while admitting wrongdoing to settle charges that it defrauded investors through false performance advertising about its flagship product. As we previously reported, shares of mutual fund provider Virtus Investment Partners Inc. (Virtus Investment) tanked on news that the…

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Virtus Investment Partners and Funds Negatively Effected by F-Squared Investments SEC Probe

According to the Wall Street Journal that Shares of mutual fund provider Virtus Investment Partners Inc. (Virtus Investment) tanked on news that the Securities and Exchange Commission (SEC) is closer to recommending charges against F-Squared Investments Inc., (F-Squared) a sub-adviser on the Virtus funds. F-Squared –builds mutual fund portfolios consisting…

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