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SEC charges fund adviser with fraud tied to SpaceX IPO

Original: SEC charges private fund adviser with alleged fraud before SpaceX IPO

The Securities and Exchange Commission has charged a private fund adviser with alleged fraud involving claims of pre-IPO access to SpaceX shares. The regulator says investors were misled in connection with the offering, according to CFO Dive. The case highlights growing scrutiny of the market for pre-IPO stakes in high-profile private companies like SpaceX.

Why now: Interest in SpaceX's long-awaited IPO has drawn regulators to police pre-IPO share sales and potential fraud.

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• SEC charges private fund adviser with alleged fraud before SpaceX IPO · CFO Dive

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