Defendant Name:
UBS Willow Management L.L.C.
Defendant Type:
Subsidiary of Public Company
Document Reference:
34-82096
Document Details
Legal Case Name
In the Matter of UBS Willow Management L.L.C. and UBS Fund Advisor L.L.C.
Document Name
Order Approving Final Accounting and Authorizing Transfer of the Distribution Residual to the United States Treasury
Document Date
16-Nov-2017
Document Format
Administrative Proceeding
Allegation Type
Investment Advisers/Investment Companies
Document Summary
According to the SEC: "IT IS ORDERED that, Respondents shall transmit the $67,606.98 residual balance within ten (10) days of the entry of this Order to the Commission for transfer to the U.S. Treasury."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Censured
Other Compliance Related Undertaking
ORDERED that, Respondents shall transmit the $67,606.98 residual balance within ten (10) days of the entry of this Order to the Commission for transfer to the U.S. Treasury
Fair Funds
Monetary Penalties:
Disgorgement
Individual:
Shared:
$8,223,110.00
Shared with: UBS Fund Advisor L.L.C.
Civil Penalty
Individual:
Shared:
$3,000,000.00
Shared with: UBS Fund Advisor L.L.C.
Pre-Judgment Interest
Individual:
Shared:
$1,373,436.74
Shared with: UBS Fund Advisor L.L.C.
Undertaking to pay investor losses resulting from the undisclosed change in investment strategy
Individual:
Shared:
$4,903,620.00
Shared with: UBS Fund Advisor L.L.C.
Other Defendants in Action: