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BRIEF-GLG Partners to pay nearly $9 mln to settle SEC charges
December 12, 2013 / 4:06 PM / 4 years ago

BRIEF-GLG Partners to pay nearly $9 mln to settle SEC charges

Dec 12 (Reuters) - * SEC says charges glg partners lp, glg partners inc over internal control

failures, says they agreed to pay nearly $9 million to settle charges * SEC says London-based hedge fund adviser’s failures led to overvaluation of a

fund’s assets and inflated fee revenue * SEC says glg firms settled without admitting or denying wrongdoing

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