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5 months ago
Investment firm Premium Point discloses SEC probe - letter
February 14, 2017 / 5:32 PM / 5 months ago

Investment firm Premium Point discloses SEC probe - letter

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NEW YORK, Feb 14 (Reuters) - Premium Point Investments LP is under investigation by the U.S. Securities and Exchange Commission, according to a letter sent to clients of the New York-based investment firm.

The probe concerns the valuation of structured products and other assets held by its funds, according to the letter sent Feb. 9 that was seen by Reuters.

A spokesman for Premium Point did not immediately respond to a request for comment. A spokeswoman for the SEC declined to comment. (Reporting by Lawrence Delevingne; Editing by Jeffrey Benkoe)

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