Guggenheim cooperating with SEC investigation: statement

NEW YORK (Reuters) – Guggenheim Partners on Sunday said it is “cooperating fully” with an investigation of its asset management subsidiary that is being conducted by U.S. securities regulators.

The statement followed a report in the Wall Street Journal that said the company was asked to retain documents related to transactions involving a second company, ABS Capital Co LLC. Guggenheim has not been accused of wrongdoing.

The U.S. Securities and Exchange Commission declined to comment.

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