This action was dismissed. The allegations described below were not established. This page is kept online so that the outcome is visible alongside the original filing.

SEC v. Silver Point Capital, L.P. (2024)

Dismissed

Checked against the primary document on October 3, 2026. The library's summary, tags and figures for this record were compared with the regulator's own document by an AI model (Claude) following written instructions, with sampled and disputed records read a second time. No lawyer has reviewed them. A checked record can still contain errors, and checked does not mean endorsed. See how we check records or report a correction.

Report an error in this record (sec-silver-point-capital-l-p-2024) by email

In December 2024 the Securities and Exchange Commission charged the investment adviser Silver Point Capital with failing to maintain and enforce written policies to prevent misuse of material non-public information that a consultant could receive on creditors' committees, including mediation information on Puerto Rico bonds. It alleged violations of Sections 204A and 206(4) of the Advisers Act but not insider trading. The SEC dismissed the action on April 4, 2025.

The record

Structured fields for this action, as recorded in our case library.
Agency	SEC
Release number	LR-26202
Date filed	2024-12-20
Court	U.S. District Court, District of Connecticut
Status	dismissed
Criminal parallel	No
Defendants	Silver Point Capital, L.P. (entity)
Cited as charged or alleged	Advisers Act s.204A ; Advisers Act s.206 (statutes and rules cited in the document; not a finding that they were violated)
Techniques

What was ordered

Civil penalty: —
Disgorgement: —
Prejudgment interest: —
Total relief: —
Alleged gain: —

A dash means the release did not state a figure we could extract, not that the figure is zero. Penalty and disgorgement are stored separately so aggregates across the library do not double-count the same dollars.

What is alleged to have happened

The Securities and Exchange Commission announced this matter on December 20, 2024 as release LR-26202, filing in the District of Connecticut.

The complaint centred on a long-time consultant, a lawyer since deceased, who sat on creditors' committees for the firm's distressed investments. A joint stipulation of dismissal followed on April 4, 2025.

For the regulator's own account of the facts, read the primary document linked above. This page deliberately summarises the structured record rather than reproducing the release.

Timeline

2024-12-20 Litigation release published

Primary documents

Everything on this page derives from the documents below. Where our summary and the primary document disagree, the primary document is right.

SEC litigation release

The linked release is a work of the United States government and is not subject to copyright. Our summary and narrative above are our own writing.

Record added September 10, 2026. submit a correction.