SEC Charges Portfolio Manager, Swapnil Rege, with Mispricing Fund Investments

18Jul - by Editor - 0 - In STL.News

Washington DC (STL.News) – The Securities and Exchange Commission today announced settled administrative proceedings against Swapnil Rege, a North Brunswick, New Jersey portfolio manager and trader, for mispricing private fund investments, resulting in a large personal bonus.

According to the SEC’s order, from June 2016 to April 2017, while employed by the fund’s adviser, Rege manipulated the inputs he used to value interest rate swaps and swap options to create the false impression that his investments for the fund were profitable. 

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