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Ken Leech Agrees to $3 Million SEC Fine Over Cherry-Picking Case
Source: Bloomberg
Legal & LitigationRegulation & LegislationManagement & Governance
Former Western Asset Management Co. co-CIO Ken Leech agreed to pay $3 million to settle an SEC lawsuit alleging he cherry-picked winning trades. The settlement resolves the lawsuit; the article provides no further details on admissions or broader effects.
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