How Howard Present parlayed an intern's algorithm into a small fortune -- and when the SEC says he knew of a mega-disconnect
The SEC alleges that the former F-Squared CEO engaged in a massive cover-up with lies, and the fabrication related to faulty backtesting
Author Sanders Wommack January 6, 2015 at 6:20 PM
Related Moves
Biz Briefs: SEC cracks down anew on RIA reverse churning ~ Envestnet borrows $350 million to buy its own stock ~ Fidelity is creating a crypto waiting list while exec questions crypto ecosystem
Fed up SEC is ready to take on all nonsense at once; stock shocks, Orwell's new name game; Fidelity hosts a line dance
November 18, 2022 at 2:56 AM
Big Frank
January 6, 2015 — 9:35 PM
Some nice writing there.
Ricky Ross
July 1, 2015 — 1:05 AM
F-Squared Lied & paid 10s of millions of dollars to the SEC. I was lucky. Out of my $100,000 investment, I lost only $400.
Wells Fargo Advisors was pushing their fraud & that’s how I got in on it. Screw them both.
