Former star US bond manager Leech fined by SEC, following guilty plea in ‘cherry-picking’ case
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4 Articles
Former star US bond manager Leech fined by SEC, following guilty plea in ‘cherry-picking’ case
NEW YORK, Oct 6 (Reuters) - Kenneth Leech, the former star bond manager who pleaded guilty to obstructing a US Securities and Exchange Commission probe into alleged "cherry-picking," will pay a $3 million fine to settle the regulator's related civil ...
The former investment director of Franklin Templeton's affiliate management company will pay $3 million to the U.S. regulator.
Former Western Asset Bond Chief Ken Leech Agrees to $3 Million SEC Penalty
Ken Leech, the former co-chief investment officer of Western Asset Management Company, agreed to pay a $3 million penalty to settle Securities and Exchange Commission (SEC) fraud charges. The regulator asked a federal court in Manhattan yesterday (Tuesday) to approve the deal.The consent judgment would also bar Leech from serving as an officer or director of a public company.Together with the $100 million civil penalty Western Asset agreed to pa…
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