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Violation Tracker Individual Record

Company: Energy Innovation Capital Management, LLC
Penalty: $853,681
Year: 2022
Date: September 2, 2022
Offense Group: financial offenses
Primary Offense: investor protection violation
Violation Description: After the SEC alleged that Energy Innovation Capital Management LLC, a California-based exempt reporting adviser, charged excess management fees from two venture capital funds, the firm returned $678,681 plus interest to the funds and their limited partners, and agreed to settle the SEC's charges by paying a $175,000 penalty.
Level of Government: federal
Action Type: agency action
Agency: Securities and Exchange Commission
Civil or Criminal Case: civil
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.