Hedge Fund Goes From Dorm Room to SEC Fraud Accusation

Hedge Fund Goes From Dorm Room to SEC Fraud Accusation

Assessment

Interactive Video

Business

University

Hard

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The video discusses a hedge fund accused by the SEC of fraud, comparing the fund manager to Ken Griffin. The SEC claims the manager inflated asset values and deceived investors. The video explores the SEC's aggressive interpretation of securities and the use of unconventional metrics for economic forecasting, such as pet adoption rates. It concludes with a reference to a Bloomberg interview with the fund manager.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the initial perception of the hedge fund manager?

A successful manager like Ken Griffin

A novice in the financial world

A philanthropist

A technology entrepreneur

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What accusation did the SEC make against the hedge fund manager?

He failed to pay taxes

He inflated asset values and deceived investors

He was running a Ponzi scheme

He was involved in insider trading

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the SEC view the hedge fund's dealings in esoteric securities?

As a standard practice

As innovative

As aggressive and extreme

As outdated

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What unusual metric did the hedge fund manager use for economic forecasting?

Stock market trends

Pet adoption rates

Real estate prices

Cryptocurrency values

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the hedge fund manager doing alongside running the fund?

Writing a book

Pursuing a PhD

Starting a new business

Traveling the world