Manuel P. Asensio: Difference between revisions
Added link to asensioexposed.com (site critical of Asensio) to balance asensioexposes.com. See discussion page. |
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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}} |
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Asensio |
Asensio earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s [[Wharton School]]{{fact}} and a [[Masters in Business Administration]] from [[Harvard Business School]].{{Fact|date=April 2009}} |
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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''. |
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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.[citation needed]
Asensio earned a Bachelors of Science in Economics degree from the University of Pennsylvania’s Wharton School[citation needed] and a Masters in Business Administration from Harvard Business School.[citation needed]
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.[1][1]
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.[2] Asensio denied wrongdoing.[2]
In August 2007, Asensio Brokerage Services, Inc. nka Integral Securities, Inc. was expelled by FINRA for failure to pay fines and/or costs.[3]
References
- ^ See http://www.finra.org/Newsroom/NewsReleases/2000/P011426
- ^ a b "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
- http://www.asensio.com/data/press/219.pdf
- Asensio & Company, Inc. web site
- A 2001 Forbes profile
- Review of Manuel Asensio book on PRWEB.com
- Review of Manuel Asensio book on The Motley Fool
- The Manuel Asensio research archives
- Manuel Asensio website
- A Globe and Mail article about Asensio's transition to be a fund manager
- Site critical of Asensio
- Site responding to criticism of Asensio
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