The Securities and Exchange Commission fined Anson Funds Management and Anson Advisors Inc. $2.25 million for hiding payments to an unidentified bearish research publisher.
The investigation targeted Anson's relationship with the researcher aligning with Citron Research's bearish postings; Citron's Andrew Left, although not accused, may tie to this case.
Anson stated that its involvement benefited investors and the market, shifting the focus from fraud to lack of proper disclosure regarding the relationship with the bearish research publisher.
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