Eliseo Prisno and P/E Capital Investment Management Partners

U.S. SECURITIES AND EXCHANGE COMMISSION

Litigation Release No. 26339 / July 3, 2025

Securities and Exchange Commission v. Eliseo Prisno (a/k/a Jojo Prisno) and PE Capital Investment Management Partners, No. 25-civ- (N.D. Ill. filed July 3, 2025)

SEC Charges Chicago-Based Investment Adviser with Charging Improper Fees

On July 3, 2025, the Securities and Exchange Commission charged Chicago-based investment adviser P/E Capital Investment Management Partners and its CEO, Eliseo Prisno, for fraudulent billing practices.

The SEC's complaint alleges that from at least February 2019 through at least July 2023, Prisno and P/E Capital charged more than $2.4 million in fees to its clients that were unauthorized and undisclosed. In some instances, the complaint alleges, Prisno and P/E Capital deceptively circumvented their brokerage firm’s requirement that clients directly authorize any additional fees by using their clients’ login credentials without their consent.

The SEC's complaint, filed in federal district court in Chicago, charges Prisno and P/E Capital with violating the antifraud provisions of Sections 206(1) and 206(2) of the Advisers Act. The complaint seeks permanent injunctions, disgorgement with prejudgment interest, and civil penalties against both defendants, and a conduct-based injunction against Prisno.

The SEC's investigation based out of the Chicago Regional Office was conducted by Daniel Griffin and Bradley Lewis and supervised by Jeffrey Shank and Corey Schuster, all of the Enforcement Division’s Asset Management Unit, with the assistance of Steven Levine, Max Gillman, Paul Mensheha, and Gena Kusiak of the SEC’s Division of Examinations in the Chicago Regional Office. The litigation will be conducted by Jonathan Polish and Alyssa Qualls.