Company Information

Get to know southport lane management, llc

Southport Lane Management, LLC was a New York-based private equity and advisory firm founded in 2010 that focused on the insurance and reinsurance sectors. The firm purported to manage assets and provide advisory services. However, it was later revealed to be a complex criminal enterprise and Ponzi-like scheme orchestrated by its CEO, Alexander Chatfield Burns. The company used investor funds to acquire insurance companies and then systematically looted them by swapping their high-quality assets for illiquid, worthless securities that Southport Lane controlled. The scheme collapsed in 2014, leading to significant regulatory action and criminal convictions.

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southport lane management, llc

United States

Founded in

2010 (16 Years)

Founded

Last online: No recent activity

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.