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SEC Fines Adviser $950K Over Ryder Buyout Disclosures

By Sydney Price ( March 4, 2024, 9:30 PM EST) -- A New York-based investment adviser will pay a $950,000 civil penalty to the U.S. Securities and Exchange Commission for allegedly failing to timely disclose information about its ownership of commercial rental truck company Ryder System Inc. leading up to a May 2022 takeover offer....

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