SEC Alert! SEC Charges Archegos and its Founder with Massive Market Manipulation Scheme Multiple Archegos Executives Charged with Misleading Counterparties
by Dismal-Jellyfish Source The Securities and Exchange Commission today charged Sung Kook (Bill) Hwang, the owner of family office Archegos Capital Management, LP (Archegos), with orchestrating a fraudulent scheme that resulted in billions of dollars in losses. The SEC also charged Archegos’s Chief Financial Officer, Patrick Halligan; head trader, William Tomita; and Chief Risk Officer, … Read more