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Two Sigma tells purchasers of $620 mln in unexpected positive aspects, losses -WSJ

Reuters

Oct 29 (Reuters) – Hedge fund Two Sigma Investments has told purchasers of $620 million in unexpected positive aspects and losses which resulted from unauthorized modifications, the Wall Aspect freeway Journal reported.

The Securities and Change Price (SEC) is examining the subject, Sunday’s WSJ yarn added, citing sources.

The SEC declined to comment on the WSJ yarn when approached by Reuters. Two Sigma did indirectly answer to requests for a response.

Reporting by Akanksha Khushi in Bengaluru; Modifying by Alexander Smith

Our Standards: The Thomson Reuters Belief Principles.

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