sec whistleblower attorneys
January 27, 2020
Catalyst Capital Advisors LLC, Jerry Szilagyi
Financial Fraud
SANCTION AMOUNT: $10508481
Defendants: Catalyst Capital Advisors LLC
Jerry Szilagyi
Investment adviser firm CCA and its CEO settled the SEC's administrative Order finding that they had misled investors by claiming they abided by a strict set of risk parameters for the Catalyst Hedged Futures Strategy Fund, which they subsequently breached and lost hundreds of millions of dollars between December 2016 and February 2017.
- Key Docs
- Official SEC press release
