HERE'S AN ADVISER AND MUTUAL FUND DIRECTOR WHOM SEC CHARGES ENGAGED IN FRAUDULENT STATEMENTS IN EFFORT TO HYPE SHARES IN HIS MUTUAL FUND
Taking the Series 6 Exam to be licensed and registered to sell mutual fund shares and variable annuities? Then you might be interested in the following: The SEC charges Joshua Goltry and his investment advisory firm, JAG Capital Advisors LLC, with hyping the value of the JAG Fund by "lying about nearly every aspect of the fund, including its performance, investment activity, and investment risks," and using investor money to pay for his own lavish life style. FOR IMMEDIATE RELEASE 2024-72 Washington D.C., June 12, 2024 — The Securities and Exchange Commission today charged Joshua Goltry and his investment management firm, JAG Capital Advisors LLC (JAG Advisors), in connection with a three-year scheme to defraud investors of at least $3 million. According to the SEC’s complaint, from 2020 to 2023, Goltry, the founder and Chief Investment Officer of a purported equity fund called JAG Cap, LLC, and JAG Advisors, the purported equity fund’s investment manager, raised at least $3 ...