This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Former Western Asset Management CIO Leech engaged in cherry-picking, US alleges

By Samuel Rubenfeld ( November 26, 2024, 00:12 GMT | Insight) -- Kenneth Leech, the former chief investment officer of Western Asset Management, engaged in a cherry-picking scheme where he favored some clients over others, US authorities alleged today. Over the course of the scheme, Leech allocated trades of more than $600 million in gains to favored clients and more than $600 million in losses to disfavored ones, prosecutors said.Kenneth Leech, the former chief investment officer of Western Asset Management, engaged in a cherry-picking scheme where he favored some clients over others, US authorities alleged today....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login