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From October 2017 right up until Oct 2018, the AWC Letter carries on, Mr. Page distributed internet marketing elements that contained materially inaccurate data “to much more than two dozen possible investors.” Moreover, he allegedly “exchanged e-mails with a number of potential traders through which he affirmed the precision of your Learn Fund’s performance benefits as set forth from the Feeder Fund’s advertising elements.” FINRA states that investors during the Feeder Fund manufactured “seven unique investments… totaling roughly $1.
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Specifically, Page distributed advertising and marketing resources for your hedge fund he formed to about 24 possible investors. The advertising materials incorporated general performance quantities that significantly overstated the historical fee of return.
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Page confirmed the selection’s precision In spite of acquiring info that called the precision with the figures into query. Because of this, Page violated FINRA Rule 2010.
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