SEC Says 'Big Short' Money Manager, Firm Should Pay $16.5M

By Ed Beeson ( June 20, 2014, 9:15 PM EDT) -- The U.S. Securities and Exchange Commission wants more than $16.5 million in sanctions from Wing F. Chau, the investment adviser depicted in Michael Lewis' bestseller "The Big Short," and from his New Jersey firm over their alleged wrongdoing when structuring collateralized debt obligations prior the financial crisis, according to a filing made public this week....

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