SEC Fines McKinsey Subsidiary MIO Partners $18 Million for Puerto Rico Conflict of Interest and Material Nonpublic Information Violations
The Securities and Exchange Commission censured MIO Partners Inc. (McKinsey’s investment subsidiary) and ordered it to pay $18 million to settle allegations that it had access to material nonpublic information about Puerto Rico and other issuers while simultaneously overseeing investments that …
Securities and Exchange Commission (SEC)
MIO Partners
McKinsey & Company
Financial Oversight and Management Board for Puerto Rico
mckinsey
sec-enforcement
mio-partners
puerto-rico
conflict-of-interest
+4 more
Read more →