• 11/13/2024

Hedge Fund Two Sigma Is Hit by Trading Scandal

Wall Street Journal

The firm co-founded by David Siegel has told clients that a researcher adjusted the hedge fund’s investing models without authorization, resulting in a total of $620 million in unexpected gains and losses.

https://www.wsj.com/articles/hedge-fund-two-sigma-is-hit-by-trading-scandal-501913cb