Pentagon Capital Management Report
16 Feb 2012 (UPDATED: 13 Mar 2026)
International
1 min read
Lewis Chastor and Pentagon Capital Management have been charged by the Securities and Exchange Committee with late trading in mutual funds. The action is in line with increased vigilance over market abuse as announced by New York Attorney General Eliot Spitzer. Judge Sweet acquitted the firm of market timing abuse but rules that Pentagon had ‘intentionally and egregiously’ violated securities laws with regards to late trading.
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