CFTC and SEC Investigate if Bankrupt Three Arrows Capital Misled Investors
Oct 18,2022,09:30
CFTC and SEC of the U.S. are investigating whether bankrupt Three Arrows Capital misled investors about its balance sheet and failed to register with the two agencies, according to a Bloomberg report.
Previously, Three Arrows Capital has filed for Chapter 15 bankruptcy in a federal bankruptcy court in the Southern District of New York in July, after a British Virgin Islands Court reportedly ordered the firm into liquidation in late June.