Manuel P. Asensio: Difference between revisions

Browse history interactively ← Previous edit Next edit →Content deleted Content addedVisual WikitextInline

Revision as of 00:58, 15 September 2009 editWiki-nika (talk \| contribs)21 edits Added link to asensioexposed.com (site critical of Asensio) to balance asensioexposes.com. See discussion page.← Previous edit		Revision as of 15:18, 15 September 2009 edit undoJohnnyB256 (talk \| contribs)4,897 edits lifetime bar from securities industry makes this doubtfulNext edit →
Line 5:		Line 5:
	Since 2003, Asensio has moved from concentrated short-selling to managing a fund with long and short positions.{{Fact\|date=April 2009}}		Since 2003, Asensio has moved from concentrated short-selling to managing a fund with long and short positions.{{Fact\|date=April 2009}}

	Asensio ~~has worked in the securities industry for over twenty-five years. He~~ earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s ]{{fact}} and a ] from ].{{Fact\|date=April 2009}}		Asensio earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s ]{{fact}} and a ] from ].{{Fact\|date=April 2009}}

	He is also the author of a book about his work entitled ''Sold Short: Uncovering Deception in the Markets''.		He is also the author of a book about his work entitled ''Sold Short: Uncovering Deception in the Markets''.

Revision as of 15:18, 15 September 2009

Manuel P. Asensio is a money manager in New York best known for his work as an activist short-seller.

From 1992-2003, Asensio served as president of Asensio & Company, Inc.

Since 2003, Asensio has moved from concentrated short-selling to managing a fund with long and short positions.

Asensio earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s Wharton School and a Masters in Business Administration from Harvard Business School.

He is also the author of a book about his work entitled Sold Short: Uncovering Deception in the Markets.

Regulatory sanctions

In November 2000, the NASD (now FINRA) sanctioned Asensio & Company Inc. and Manuel Asensio, for Short Selling, Trade Reporting, and Internet Advertising Violations.

In July 2006, the National Adjudicatory Council of the NASD upheld a hearing panel's ruling that barred Asensio "from association with any NASD member in any capacity" and fined him $20,000. The NASD barred Asensio and his firm for failing to respond to requests for information. It found that Asensio made statements in research reports that criticized PolyMedica Corp. that were "misleading," by stating incorrectly that he was shorting the company when he was not, and by making similar disclosure rule violations. Asensio denied wrongdoing.

In August 2007, Asensio Brokerage Services, Inc. nka Integral Securities, Inc. was expelled by FINRA for failure to pay fines and/or costs.

References

See http://www.finra.org/Newsroom/NewsReleases/2000/P011426
^ "In the Matter of Department of Enforcement, complainant, Against Asensio Brokerage Services Inc. n/k/a Integral Securities, Inc., New York, NY, and Manuel Peter Asensio" (PDF). FINRA. 2006-07-28. Retrieved 2009-04-14.
"Disciplinary and Other FINRA Actions, p. 19" (PDF). FINRA. 2007-10. Retrieved 2009-09-13. {{cite web}}: Check date values in: |date= (help)

External links

This article about a United States businessperson is a stub. You can help Misplaced Pages by expanding it.

Categories:

Revision as of 00:58, 15 September 2009 editWiki-nika (talk \| contribs)21 edits Added link to asensioexposed.com (site critical of Asensio) to balance asensioexposes.com. See discussion page.← Previous edit		Revision as of 15:18, 15 September 2009 edit undoJohnnyB256 (talk \| contribs)4,897 edits lifetime bar from securities industry makes this doubtfulNext edit →
Line 5:		Line 5:
	Since 2003, Asensio has moved from concentrated short-selling to managing a fund with long and short positions.{{Fact\|date=April 2009}}		Since 2003, Asensio has moved from concentrated short-selling to managing a fund with long and short positions.{{Fact\|date=April 2009}}

	Asensio ~~has worked in the securities industry for over twenty-five years. He~~ earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s ]{{fact}} and a ] from ].{{Fact\|date=April 2009}}		Asensio earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s ]{{fact}} and a ] from ].{{Fact\|date=April 2009}}

	He is also the author of a book about his work entitled ''Sold Short: Uncovering Deception in the Markets''.		He is also the author of a book about his work entitled ''Sold Short: Uncovering Deception in the Markets''.