SEC Charges Chatham Asset Management, Founder Anthony Melchiorre for Improper Fixed Income Securities Trading
April 04, 2023
April 04, 2023
WASHINGTON, April 4 -- The Securities and Exchange Commission issued the following news release on April 3, 2023:
The Securities and Exchange Commission today charged New Jersey-based Chatham Asset Management LLC and its founder, Anthony Melchiorre, in connection with improper trading of certain fixed income securities. Chatham and Melchiorre agreed to pay more than $19.3 million in combined disgorgement, prejudgment interest, and civil penalties to settle the charges.
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The Securities and Exchange Commission today charged New Jersey-based Chatham Asset Management LLC and its founder, Anthony Melchiorre, in connection with improper trading of certain fixed income securities. Chatham and Melchiorre agreed to pay more than $19.3 million in combined disgorgement, prejudgment interest, and civil penalties to settle the charges.
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