sec whistleblower attorneys
December 08, 2020
BlueCrest Capital Management Limited
Trading and Pricing
SANCTION AMOUNT: $170000000
Defendants: BlueCrest Capital Management Limited
Investment advisor BlueCrest Capital Management Limited agreed to pay this sanction to settle charges of inadequate and misleading disclosures concerning conflicts of interest in its management of a proprietary hedge fund versus its flagship fund. The SEC found that BCML moved high-performing traders away from its flagship and replaced them with an algorithm.
- Key Docs
- Official SEC press release