How big of an SEC issue would you need to step away

I know every firm deals with the SEC at some point- but how big of an SEC issue does it have to be for you not to work there?

Is it a bad look if i have a firm on my resume that has settled with the SEC (do firms/finra even look that deep), the claim wasn't anything like insider trading or siphoning from investors, but it is recent. From the website, the PM at fault is still at the firm... however, the fund is doing pretty well and I'm going to be with a different PM.

For context im not planning to be there long term, just for my internship period to build up my resume. Should i bow out and try to find something else?

6 Comments
 

Thanks for your concern about my angus, Principal in HF - Event


 

 

you're an intern, nobody will care because nobody genuinely thinks you're a major contributor/doing anything of consequence to the operations of the fund lol

unless it's literally Bernie Madoff, you'll be fine

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

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