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Guggenheim's Walsh Says Accounting at GPI Unit Was 'Appropriate'
Anne Walsh, Chief Investment Officer at Guggenheim Partners, has defended the accounting practices at one of the firm's subsidiaries as 'appropriate' while the company faces regulatory scrutiny. Guggenheim is cooperating with regulators investigating the unit, identified as GPI.
Key takeaways
- 1.Guggenheim Partners' leadership is publicly defending accounting practices at a subsidiary unit under regulatory investigation
- 2.The company has stated it is actively cooperating with regulators in their inquiry
- 3.The accounting practices in question have been characterized by company leadership as meeting appropriate standards
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