Two Sigma Waited Four Years to Fix Known Flaw, SEC Alleges

By Yahoo! Finance   |   4 days ago
Two Sigma Waited Four Years to Fix Known Flaw, SEC Alleges

Two Sigma Investments settled with the SEC by paying $90 million in fines for failing to address model vulnerabilities promptly and violating whistleblower protection rules. The firm repaid $165 million to affected funds and accounts voluntarily.

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