The SEC’s order finds that GQG violated whistleblower protection rules.

By fortuneindia.com, Sep 27, 2024 3 min read

Advertisement

The Securities and Exchange Commission of the United States has settled charges against Florida-based GQG Partners LLC, a registered investment adviser, for entering into agreements with candidates for employment and a former employee that made it more difficult for them to report potential securities law violations to the SEC.

The SEC’s order finds that GQG violated whistleblower protection rules, which prohibits any action to impede an individual from communicating directly with the SEC staff about a possible securities law violation. Without admitting or denying the SEC’s findings, GQG agreed to be censured, to cease and desist from violating the whistleblower protection rule, and to pay a $500,000 civil penalty.

Read Full Story: https://news.google.com/rss/articles/CBMitwFBVV95cUxPZXFIRWVJVm9KM3QwNTJ5LW50...