{"id":2883,"date":"2015-10-28T00:00:00","date_gmt":"2015-10-28T04:00:00","guid":{"rendered":"http:\/\/silverlaw.lawblogger.net\/blog\/sec-settles-with-ubs-over-losses-in-the-willow-fund-a-ubs-proprietary-alternative-investment\/"},"modified":"2017-07-27T14:33:50","modified_gmt":"2017-07-27T18:33:50","slug":"sec-settles-with-ubs-over-losses-in-the-willow-fund-a-ubs-proprietary-alternative-investment","status":"publish","type":"post","link":"https:\/\/www.silverlaw.com\/blog\/sec-settles-with-ubs-over-losses-in-the-willow-fund-a-ubs-proprietary-alternative-investment\/","title":{"rendered":"SEC Settles with UBS Over Losses in the Willow Fund, a UBS Proprietary Alternative Investment"},"content":{"rendered":"<p>UBS has agreed to pay $17.5 million to settle charges from the <a href=\"http:\/\/www.sec.gov\"  rel=\"noopener\" target=\"_blank\">U.S. Securities and Exchange Commission<\/a> that the UBS Willow Fund changed its investment strategy focused on distressed debt without informing investors and subsequently lost over 80% of its value.\u00a0 However, investors have lost millions of dollars which has not been recovered. \u00a0UBS Willow Management LLC and UBS Fund Advisor LLC agreed to be censured and some of the funds will be returned to investors for restitution.\u00a0 However, most investors will only receive a de <em>minimis<\/em> amount of their entire loss.\u00a0 Some investors have already pursued securities arbitration claims against UBS for allegedly misrepresenting the fund.<\/p>\n<p>According to the SEC, UBS Willow Management, made investments in the UBS Willow Fund from 2000 through 2008 that were consistent with a strategy described in its offering and marketing materials, which was based on the debt increasing in value.<\/p>\n<p>Problems with the fund began in 2008 when UBS Willow Management shifted the fund\u2019s investments to include large quantities of credit default swaps, a bet that the value of the related debt would decline, without adequately disclosing the shift in investment strategy, the SEC claimed.<\/p>\n<div class=\"read_more_link\"><a href=\"https:\/\/www.silverlaw.com\/blog\/sec-settles-with-ubs-over-losses-in-the-willow-fund-a-ubs-proprietary-alternative-investment\/\"  title=\"Continue Reading SEC Settles with UBS Over Losses in the Willow Fund, a UBS Proprietary Alternative Investment\" class=\"more-link\">Continue reading \u203a<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>UBS has agreed to pay $17.5 million to settle charges from the U.S. Securities and Exchange Commission that the UBS Willow Fund changed its investment strategy focused on distressed debt without informing investors and subsequently lost over 80% of its value.\u00a0 However, investors have lost millions of dollars which has not been recovered. \u00a0UBS Willow [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[578],"tags":[438],"class_list":["post-2883","post","type-post","status-publish","format-standard","hentry","category-all-releases","tag-ubs-willow-fund-2"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Losses in UBS Willow Fund? - Silver Law Group<\/title>\n<meta name=\"description\" content=\"If you invested in the UBS Willow Fund, you may be entitled to recover some of your investment losses. 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