(Bloomberg) -- Western Asset Management Co. is examining a subset of about 17,000 trades conducted by Ken Leech as the firm seeks to unravel how the veteran ...
-- Western Asset Management Co. is examining a subset of about 17,000 trades conducted by Ken Leech as the firm seeks to unravel how the veteran fixed-income investor’s allocations among various accounts triggered US enforcement investigations.Trades made between spring 2021 and autumn 2023 are the subject of an internal investigation begun in October after a company insider flagged abnormalities in the allocations, according to Max Curtin, an analyst at Morningstar Inc.
“Western takes these matters very seriously, and we immediately engaged an external firm to conduct an internal investigation, which is ongoing,” Jeaneen Terrio, a spokesperson for Western, said in a statement. Crews have lifted evacuations in the Wilton area of Sacramento County after they extinguished a grass fire that sparked Thursday afternoon, burning several structures. Fire crews were dispatched around 12:38 p.m. to a property on Walmort Road east of Meuret Road.The major indexes retreated Thursday ahead of Fed chief Jerome Powell's Jackson Hole speech Friday. Nvidia, Meta, Tesla are stocks to watch.
CSX Reaches Early Agreement with Additional Labor Partners, Boosting Wages and Benefits for More Railway Workers
Internal Investigation Wamco Franklin Resources Inc. US Securities And Exchange Commission Morningstar Inc. Wells Notice Jeaneen Terrio
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Examining the impact of Shiba Inu’s latest burn portal on SHIB’s priceShiba Inu (SHIB) recently registered a major development with respect to the burning of its tokens, a move aimed at reducing supply and...
Read more »
Examining if Solana’s price will hold firm in the short-termThe wider crypto-market's bearish sentiment weighed down on Solana's (SOL) price, with the altcoin dropping by 3.8% in just...
Read more »
Examining the economic policies of each 2024 presidential candidate: A break downMixing money and politics often leads to governmental policies that can directly affect your wallet. As the election season heats up, both candidates, Vice...
Read more »
Dogecoin price prediction – Examining the memecoin’s road to $0.30Most of the market's top cryptos corrected on the charts over the past week. Not Dogecoin though, with the popular memecoin...
Read more »
Bitcoin price prediction – Examining the how and why of BTC’s next rallyBitcoin entered a high liquidity zone after its recent rally, which helped the coin reclaim a spot above the 200-day EMA. What next?
Read more »
China opens investigation into EU dairy exports as trade tensions flareBEIJING (AP) — European milk and cheese producers have become the latest target in a simmering trade war with China.
Read more »