Manager Sued Over CDOs
The U.S. Securities and Exchange Commission has charged ICP Asset Management and three of its affiliated firms with defrauding $4 billion collateralized debt obligations by engaging in “fraudulent practices and misrepresentations that caused the CDOs to lose tens of millions of dollars.”
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts
