Gea Sphere, Llc

Allegations: ON APRIL 12, 2024, THE SEC FILED AN ORDER INSTITUTING ADMINISTRATIVE AND CEASE-AND-DESIST PROCEEDINGS, PURSUANT TO SECTIONS 203(E) AND 203(K) OF THE INVESTMENT ADVISERS ACT OF 1940, AND SECTIONS 9(B) AND 9(F) OF THE INVESTMENT COMPANY ACT OF 1940, MAKING FINDINGS, AND IMPOSING REMEDIAL SANCTIONS AND A CEASE-AND-DESIST ORDER. Status: Final Sanction Detail: FINE IS BEING PAID IN FOUR INSTALLMENTS OF $25,000. THE FIRST INSTALLMENT HAS BEEN PAID. THE SECOND INSTALLMENT TO BE PAID WITHIN 120 DAYS OF THE ORDER; THE THIRD INSTALLMENT TO BE PAID WITHIN 240 DAYS OF THE ORDER; AND THE LAST INSTALLMENT TO BE PAID WITHIN 360 DAYS OF THE ORDER. Summary: THE SETTLEMENT AND SEC ORDER ARE CONCLUDED. GEA SPHERE PAID THE INITIAL INSTALLMENT OF THE FINE AND WILL COMPLETE THE REMAINING PAYMENTS IN ACCORDANCE WITH THE SCHEDULE NOTED ABOVE. GEA SPHERE IS IN THE PROCESS OF CONDUCTING AN ANNUAL COMPLIANCE REVIEW AND TRAINING AS WELL AS AMENDING ITS POLICIES AND PROCEDURES WHICH WILL BE COMPLETED WITHIN 30 DAYS OF THE ORDER AS STIPULATED IN THE ORDER.