SEC Charges Perceptive Advisors

The regulator has accused the life sciences firm headed by Joseph Edelman of engaging in violations related to its SPACs.

 Asim Hafeez/Bloomberg

Asim Hafeez/Bloomberg

Perceptive Advisors has agreed to settle Securities and Exchange Commission charges that it committed several violations related to its special purpose acquisition companies.

The regulator accused the firm of failing to disclose conflicts of interest related to three of Perceptive’s SPACs, whose sponsors were owned both by Perceptive personnel and by Perceptive’s hedge fund.


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