Saturday - September 13, 2025
SEC Litigation: Quantitative Model Developer Charged With Defrauding Registered Investment Advisers
September 12, 2025
WASHINGTON, Sept. 12 -- The Securities and Exchange Commission issued the following litigation release (No. 1:25-civ-07573; S.D.N.Y. filed Sept. 11, 2025) involving Jian Wu:

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On September 11, 2025, the Securities and Exchange Commission charged New York resident Jian Wu with orchestrating a scheme to deceive his former employer, Two Sigma Investments, LP and its affiliate, Two Sigma Advisers, LP (together "Two Sigma"), and reap millions of dollars in ill- . . .

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