"The SEC's complaint, filed in federal court in Illinois, charges the defendants with violating the dealer registration provisions of Section 15(a)(1) of the Securities Exchange Act of 1934"
Then look at the body of said complaint(NATURE OF THE ACTION):
There are many LP's there...but what is noted is that said individual(Fife)...controls such. The partners/investors of said Lp's et al...get off given control. Fife goes down.