Otherwise engage in any act, practice, or course of business that is fraudulent, deceptive, or manipulative with respect to any investor or prospective investor in the pooled investment vehicle.

CENTERFORSECURITYPOLICY: Shariah??s Black Box

On January 3rd SecondMarket, a broker-dealer in private-company shares, said it had been asked by the SEC for data about pooled investment funds formed to buy private-company stock precisely the kind of vehicle that Goldman has in mind for would-be Facebook investors.

ECONOMIST: And will its new financing scheme fall foul of regulators?