Alphacentric Advisors Llc

Allegations: SEE RESPONSE TO #13 BELOW. Status: Final Sanction Detail: $300,000 PENALTY PAID IN FULL ON JUNE 9, 2022. Summary: ON JUNE 3, 2022, WITHOUT ADMITTING OR DENYING ANY WRONGDOING, THE ADVISER CONSENTED TO THE ENTRY OF AN ORDER AND SETTLEMENT WITH THE SECURITIES AND EXCHANGE COMMISSION ("SEC ORDER") REGARDING THE ALPHACENTRIC INCOME OPPORTUNITIES FUND (THE "FUND"). THE SEC ORDER ASSERTS THAT THE ADVISER, IN VIOLATION OF SECTION 206(4) OF THE INVESTMENT ADVISERS ACT OF 1940 AND RULE 206(4)-7 THEREUNDER (THE "VIOLATIONS"), DID NOT HAVE SUFFICIENT POLICIES AND PROCEDURES (I) TO ADDRESS PRICING AND THE IMPACT OF SMALL, ODD-LOT INVESTMENTS ON THE FUND DURING ITS FIRST TWO MONTHS OF OPERATIONS IN MAY-JULY 2015; AND (II) TO MONITOR AND ADDRESS CHALLENGES BY THE FUND'S SUB-ADVISER TO PRICE MARKS PROVIDED BY THE FUND'S INDEPENDENT PRICING VENDOR FOR CERTAIN SECURITIES DURING THE PERIOD EARLY 2017 THROUGH EARLY 2019. THE ADVISER AGREED TO A CIVIL PENALTY OF $300,000, WHICH HAS BEEN PAID IN FULL, A CENSURE, AND TO CEASE AND DESIST FROM ANY FUTURE VIOLATIONS.