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SEC freezes adviser’s assets over alleged $39 million fraud

The investment adviser sold unregistered securities to at least 30 investors, according to the complaint

The Securities and Exchange Commission has obtained an asset freeze against a Sarasota, Fla.-based investment adviser, Kinetic Investment Group, and its managing member, Michael Scott Williams, in connection with an alleged fraud.

Mr. Williams and his firm sold unregistered securities, raising ap

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