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Western Asset Management Company fined $100M by SEC for misconduct

The SEC fined Western Asset Management Company $100M for failing to prevent its former co-CIO's cherry-picking scheme that ran from 2021 to 2023.

Raccontata daeconomictimes.indiatimes.comcryptobriefing.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
cryptobriefing.comStai leggendo5 g fa

Western Asset Management Company fined $100M by SEC for misconduct

The SEC fined Western Asset Management Company $100M for failing to prevent its former co-CIO's cherry-picking scheme that ran from 2021 to 2023.

originale
economictimes.indiatimes.com6 g fa

Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's trades

Western Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking scheme by former CIO Kenneth Leech. The firm did not admit wrongdoing. Leech…

Leggi questa versione → originale

Timeline cronologica

  1. venerdì 5 giugno 2026·economictimes.indiatimes.com

    Franklin Resources' Wamco to pay $100 million SEC fine over former star manager's trades

    Western Asset Management, a unit of Franklin Resources, will pay $100 million to settle SEC charges tied to a $600 million cherry-picking scheme by former CIO Kenneth Leech. The…

  2. sabato 6 giugno 2026·cryptobriefing.com

    Western Asset Management Company fined $100M by SEC for misconduct

    The SEC fined Western Asset Management Company $100M for failing to prevent its former co-CIO's cherry-picking scheme that ran from 2021 to 2023.

  3. sabato 6 giugno 2026·cryptobriefing.com

    Franklin's Western Asset Management agrees to $100M SEC settlement over cherry-picking scheme

    Western Asset Management, a Franklin Resources subsidiary, will pay $100M to the SEC over a cherry-picking scheme by its former co-CIO Ken Leech.