SEC, CFTC charge LJM for mishandling $1B in assets; chief risk officer settles
By 
Jaclyn Jaeger2021-05-28T18:53:00
The SEC and CFTC filed charges against investment management firm LJM and two portfolio managers for misleading investors about the company’s risk management practices. Each agency separately reached settlements with LJM’s chief risk officer for his role in the alleged scheme.
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