Ken Leech Agrees to $3 Million SEC Fine Over Cherry-Picking Case

🇺🇸 Bloomberg (US) —

AI Summary

Former Western Asset Management co-chief investment officer Ken Leech agreed to pay $3 million to settle an SEC lawsuit alleging he cherry-picked winning trades. The settlement concerns alleged investment misconduct and regulatory enforcement.

Ken Leech, the former co-chief investment officer at Western Asset Management Co., agreed to pay $3 million to settle a US Securities and Exchange Commission lawsuit claiming he’d cherry picked winning trades.

Politics Markets SEC investment misconduct cherry-picking asset management settlement

Read original source →