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From October 2017 until eventually October 2018, the AWC Letter proceeds, Mr. Page distributed internet marketing resources that contained materially inaccurate info “to more than two dozen possible buyers.” Furthermore, he allegedly “exchanged emails with numerous future investors where he affirmed the precision from the Grasp Fund’s general performance final results as established forth during the Feeder Fund’s advertising and marketing products.” FINRA states that investors within the Feeder Fund manufactured “7 unique investments… totaling approximately $1.
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Precisely, Page dispersed marketing products for any hedge fund he formed to above 24 prospective investors. The marketing and advertising content provided functionality quantities that substantially overstated the historic charge of return.
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Page verified the selection’s precision Even with getting details that known as the accuracy from the quantities into concern. Therefore, Page violated FINRA Rule 2010.
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