Defendant Name:
Harvest Capital Strategies LLC
Defendant Type:
Subsidiary of Public Company
Public Company Parent:
JMP Group LLC
SIC Code:
6211
CUSIP:
46629U10
Document Reference:
34-76144
Document Details
Legal Case Name
In the Matter of Harvest Capital Strategies LLC
Document Name
Order Instituting Cease-and-Desist Proceedings Pursuant to Section 21C of the Securities Exchange Act of 1934, Making Findings, and Imposing a Cease-and-Desist Order and Civil Penalty
Document Date
14-Oct-2015
Document Format
Administrative Proceeding
Allegation Type
Securities Offering
Document Summary
On October 14, 2015, the SEC instituted settled cease-and-desist proceedings against Harvest Capital Strategies LLC. According to the SEC: "In May 2014, Harvest Capital bought offering shares from an underwriter or broker or dealer participating in a follow-on public offering after having sold short the same security during the Rule 105 restrict period. This violation result in profits of $18,835."
Disgorgement & Penalty Information
Resolutions
Cease and Desist Order
Cooperation Before the Resolution
Remedial Acts or Efforts Before the Resolution
Monetary Penalties:
Disgorgement
Individual:
$18,835.00
Shared:
Civil Penalty
Individual:
$65,000.00
Shared:
Pre-Judgment Interest
Individual:
$619.28
Shared:
Total Penalty
Individual:
$84,454.28
Shared: