SEC Seeks Guggenheim Staff Interviews in Probe of Mark Walter's $367 Billion Empire
Updated
Updated · Bloomberg · Sep 17
SEC Seeks Guggenheim Staff Interviews in Probe of Mark Walter's $367 Billion Empire
3 articles · Updated · Bloomberg · Sep 17
Summary
Recent SEC requests target current and former employees of Guggenheim Investments as regulators look for evidence of potential wrongdoing tied to CEO Mark Walter’s broader business empire.
People who managed portfolios for insurance companies are among those the agency wants to question, indicating the inquiry is reaching into parts of Guggenheim’s asset-management operations.
Guggenheim Investments oversees about $367 billion, making the interviews a significant escalation for one of the larger US asset managers and widening scrutiny beyond top executives.