SEC: Press Release·· 14 days agoAI Score46
SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in 'Cherry-Picking' Case
SEC Seeks Final Judgment Against Former Western Asset Co-CIO Ken Leech in Cherry Picking Case
AI summary
On October 6, 2026, the SEC filed a motion for a consent final judgment against Stephen Kenneth Leech II, former Co-CIO of Western Asset, alleging he operated a multi-year 'cherry-picking' trade allocation scheme from January 2021 to October 2023.
Source:SEC: Press Release · sec.gov
U.S. Securities and Exchange Commission / SECMacro and Interest RatesRegulation and Enforcement#Enforcement / Penalties#SEC#Fixed Income