Defendant Name: Janus Henderson Investors US LLC

Defendant Type: Subsidiary of Public Company
Public Company Parent: Janus Henderson Group plc
SIC Code: 6282
CUSIP: G4474Y21

Initial Case Details

Legal Case Name In the Matter of Janus Henderson Investors US LLC
First Document Date 09-Sep-2022
Initial Filing Format Administrative Action
File Number 3-21051
Allegation Type Investment Advisers/Investment Companies

Violations Alleged

Other
• Section 206(4) Advisers Act; Rule 206(4)-2 Advisers Act

Resolutions

First Resolution Date 09-Sep-2022
Headline Total Penalty and Disgorgement $150,000

Related Documents:

IA-6114 09-Sep-2022 Administrative Proceeding
Order Instituting Administrative And Cease-And-Desist Proceedings, Pursuant To Sections 203(e) and 203(k) of the Investment Advisers Act of 1940, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order
On September 9, 2022, the SEC instituted settled administrative and cease-and-desist proceedings against Janus Henderson Investors US LLC, stating: "This matter concerns Janus’ violations of the federal securities laws in connection with the financial statement audits of a private fund that Janus advised. Janus failed to timely distribute annual audited financial statements prepared in accordance with Generally Accepted Accounting Principles (“GAAP”) to certain investors in a private fund that it advised. These failures resulted in violations of Section 206(4) of the Advisers Act and Rule 206(4)-2 thereunder, commonly referred to as the 'custody rule.'"
2022-156 09-Sep-2022 Press Release--Administrative Proceeding
SEC Charges Two Advisory Firms for Custody Rule Violations, One for Form ADV Violations, and Six for Both
The SEC "announced charges against a number of investment advisers that failed to comply with requirements relating to safekeeping client assets and/or to timely update their SEC disclosures to reflect the status of audits of financial statements for the private funds they advised."