SEC Judge Hits 'Big Short' Money Manager With $3M Sanction

By Ed Beeson (January 12, 2015, 5:23 PM EST) -- A U.S. Securities and Exchange Commission judge on Monday ordered Wing Chau, the investment adviser depicted in Michael Lewis' "The Big Short," and his firm to pay $3 million over alleged violations in their collateralized debt obligation business, but he also faulted enforcement for coming up short on evidence....

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