Wamco to Pay $100 Million in SEC Settlement Over Leech Trades
Western Asset Management Co. reached a $100 million settlement with the Securities and Exchange Commission to resolve an investigation related to trading practices of its onetime star manager Ken Leech.
By Silla Brush, Ava Benny-Morrison · Bloomberg Markets
Western Asset Management Co. reached a $100 million settlement with the Securities and Exchange Commission to resolve an investigation related to trading practices of its onetime star manager Ken Leech.