SEC Issues Accounting & Auditing Enforcement Order Involving Closed Loop Partners
September 21, 2024
September 21, 2024
WASHINGTON, Sept. 21 -- The Securities and Exchange Commission's Accounting and Auditing Enforcement issued the following order (No. 4521) on Sept. 20, 2024:
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In the Matter of CLOSED LOOP PARTNERS, LLC, Respondent.
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
I.
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In the Matter of CLOSED LOOP PARTNERS, LLC, Respondent.
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
I.