SEC
Whistleblower
Attorneys

August 10, 2018

Hamlin Capital Management, LLC

Trading and Pricing

SANCTION AMOUNT: $1509172

Defendants: Hamlin Capital Management, LLC

Respondent investment adviser agreed to settle charges that it engaged in cross trading of thinly traded muni bonds that favored certain advisory client accounts over others. Instead of executing the trades at the midpoint between the bid and the ask price, the Respondent allegedly arranged that the trades be executed at the bid price, resulting in the undisclosed allocation of all market savings to its buying clients.

Thank you for submitting some email to us.