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Fidelity, Russell and SEI Quizzed by DOJ as Ken Leech Probe Ramps Up
News October 18, 2024 at 03:07 PM
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What You Need To Know
- Money managers that used Western Asset Management to help invest their bond portfolios are being questioned by authorities.
- Western Asset Management, or Wamco, is owned by Franklin Resources.
- U.S. authorities are examining whether bond trader Ken Leech parceled out winning trades to favored clients at the expense of others.
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