PHILADELPHIA--(BUSINESS WIRE)--RAIT Financial Trust (NYSE: RAS) (“RAIT”) today announced that the U.S. Securities and Exchange Commission (the “SEC”) has approved a settlement to resolve a non-public SEC investigation concerning Taberna Capital Management, LLC (“TCM”), RAIT’s subsidiary. As previously disclosed, the investigation focused on exchange transactions conducted by TCM between March 2, 2009 and November 28, 2012 and on its receipt of approximately $15 million of restructuring fees fro