SEC Files Settled Action as to Chicago-Area Investment Adviser for Allegedly Misappropriating Client Funds
September 04, 2026
September 04, 2026
WASHINGTON, Sept. 4 -- The Securities and Exchange Commission issued the following litigation release:
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Securities and Exchange Commission v. Waldon Fenster, No. 1:26-cv-10688 (N.D. Ill. filed Sept. 3, 2026)
On September 3, 2026, the Securities and Exchange Commission filed a settled action as to former Downers Grove, Illinois resident Waldon Fenster, an unregistered investment adviser and founder of a private fund known as "Last Mile Loan," . . .
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Securities and Exchange Commission v. Waldon Fenster, No. 1:26-cv-10688 (N.D. Ill. filed Sept. 3, 2026)
On September 3, 2026, the Securities and Exchange Commission filed a settled action as to former Downers Grove, Illinois resident Waldon Fenster, an unregistered investment adviser and founder of a private fund known as "Last Mile Loan," . . .