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Money Management Executive

Spitzer Probe Puts Janus SEC Filings in Flux

October 03, 2003, 1:00 a.m. EDT 1 Min Read

Janus has told regulators it is unable to file the annual reports on its Advisor Series on time due to delays related to questions raised by New York Attorney General Eliot Spitzer’s probe into its trades with hedge fund Canary Capital Partners.

In a filing with the Securities and Exchange Commission Monday, the firm it is unable to certify the accuracy of the results of the funds by the deadline. Under the Sarbanes-Oxley Act, executives of companies have to personally sign off as to the accuracy of certain pieces of reported information. Consequences for certifying false information can carry severe criminal and civil penalties.

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Money Management Executive
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