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August 10, 2015

Guggenheim Statement Regarding SEC Settlement

CHICAGO – Guggenheim Partners today announced a settlement with the U.S. Securities and Exchange Commission focused on negligent conduct.

The SEC settlement is focused on a negligent failure of Guggenheim Partners Investment Management (GPIM) to disclose, in two transactions dating from 2010, a potential conflict of interest related to a loan to an executive in GPIM. There is no allegation in the settlement that the loan itself was illegal. Guggenheim neither admitted nor denied the findings contained in the SEC Order. The Order imposes a fine, but does not impose any restrictions on GPIM’s future business activities.

“Since the occurrence of the events described in the SEC Order—which primarily occurred five years ago—Guggenheim has implemented new, comprehensive, best practice compliance policies, procedures and controls, including those that address the issues set forth in the SEC settlement,” a Guggenheim spokesman said.

The spokesman continued, “There is no allegation by the SEC that any Guggenheim client was financially harmed. No individual was charged by the SEC.

“GPIM seeks always to put client interests first,” he continued. “We are fully mindful of—and deeply committed to—our fiduciary responsibilities to our clients. Any failure to perform to the highest level is not acceptable.”

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Sitrick And Company

Michael Sitrick

Seth Lubove

March 19, 2018

Michael Schmidt to Join Guggenheim Securities as Biotech Analyst

NEW YORK, NY – Guggenheim Securities, the investment banking and capital markets division of Guggenheim Partners, announced today that Michael Schmidt, Ph.D. will join the firm in June as a Senior Analyst and Senior Managing Director in a planned expansion of the firm’s Healthcare Research team. Dr. Schmidt will focus on the coverage of Biotech companies, working closely with our growing therapeutics team.

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February 21, 2018

Guggenheim 1Q Fixed-Income Outlook: Upgrading Quality and Shortening Duration Amid Late-Cycle Behavior in Bond Markets

NEW YORK, NY – Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today provided its First Quarter 2018 Fixed-Income Outlook, “Walking the Risk Tightrope.”

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January 24, 2018

Guggenheim Investments Appoints Brian E. Binder as Chief Administrative Officer

NEW YORK – Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, announced today that Brian E. Binder has been appointed as a Senior Managing Director and Chief Administrative Officer. He is based in Guggenheim’s Chicago office.

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