Sound Point Luna Llc

Allegations: FINANSTILSYNET, THE FINANCIAL SUPERVISORY AUTHORITY OF NORWAY (FSA), DECIDED TO IMPOSE A VIOLATION CHARGE ON SOUND POINT LUNA LLC (FORMERLY KNOWN AS ASSURED INVESTMENT MANAGEMENT LLC, AND BEFORE THAT, BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC), PURSUANT TO SECTION 4-3 AND SECTION 17-4, OF THE NORWAY SECURITIES TRADING ACT (NSTA). THE VIOLATION CHARGE RELATES TO THE LATE NOTIFICATION OF A PURCHASE OF A NORWEGIAN-LISTED STOCK THAT RESULTED IN THE RELEVANT AGGREGATE HOLDINGS OF SUCH STOCK ACROSS THE ADVISED FUNDS (20.06% OF SHARES OUTSTANDING) EXCEEDING THE 20% REPORTING THRESHOLD. THE REGISTRANT HAD PREVIOUSLY TIMELY MADE THE APPROPRIATE FILING WHEN IT CROSSED THE 15% THRESHOLD; HOWEVER, DUE TO AN INTERNAL OVERSIGHT, IT WAS DELAYED IN MAKING THE APPROPRIATE FILING UPON CROSSING THE 20% THRESHOLD. THE 20% THRESHOLD WAS SURPASSED ON DECEMBER 9, 2014. THE REGISTRANT IDENTIFIED ITS ERROR ON JANUARY 9, 2015 AND MADE THE REQUISITE FILING IMMEDIATELY THEREAFTER. DUE TO FILING AFTER THE CLOSE OF TRADING ON JANUARY 9, 2015, THE NOTIFICATION WAS NOT PUBLISHED UNTIL MONDAY JANUARY 12, 2015. THE PENALTY PAID TO THE NORWEGIAN TREASURY WAS 200,000 NORWEGIAN KRONE ($24,198 AT THE TIME OF PAYMENT). Status: Final Sanction Detail: THE PENALTY PAID TO THE NORWEGIAN TREASURY WAS 200,000 NORWEGIAN KRONE ($24,198 AT THE TIME OF PAYMENT). Summary: FINANSTILSYNET, THE FINANCIAL SUPERVISORY AUTHORITY OF NORWAY (FSA), DECIDED TO IMPOSE A VIOLATION CHARGE ON SOUND POINT LUNA LLC (FORMERLY KNOWN AS ASSURED INVESTMENT MANAGEMENT LLC, AND BEFORE THAT, BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC), PURSUANT TO SECTION 4-3 AND SECTION 17-4, OF THE NORWAY SECURITIES TRADING ACT (NSTA). THE VIOLATION CHARGE RELATES TO THE LATE NOTIFICATION OF A PURCHASE OF A NORWEGIAN-LISTED STOCK THAT RESULTED IN THE RELEVANT AGGREGATE HOLDINGS OF SUCH STOCK ACROSS THE ADVISED FUNDS (20.06% OF SHARES OUTSTANDING) EXCEEDING THE 20% REPORTING THRESHOLD. THE REGISTRANT HAD PREVIOUSLY TIMELY MADE THE APPROPRIATE FILING WHEN IT CROSSED THE 15% THRESHOLD; HOWEVER, DUE TO AN INTERNAL OVERSIGHT, IT WAS DELAYED IN MAKING THE APPROPRIATE FILING UPON CROSSING THE 20% THRESHOLD. THE 20% THRESHOLD WAS SURPASSED ON DECEMBER 9, 2014. THE REGISTRANT IDENTIFIED ITS ERROR ON JANUARY 9, 2015 AND MADE THE REQUISITE FILING IMMEDIATELY THEREAFTER. DUE TO FILING AFTER THE CLOSE OF TRADING ON JANUARY 9, 2015, THE NOTIFICATION WAS NOT PUBLISHED UNTIL MONDAY JANUARY 12, 2015. THE PENALTY PAID TO THE NORWEGIAN TREASURY WAS 200,000 NORWEGIAN KRONE ($24,198 AT THE TIME OF PAYMENT).