Economic TimesLean R·
Dodgers owner Mark Walter's insurer to cut $6.5 billion in investments amid probe
Mark Walter's insurance company is adjusting its investment strategy as it faces increased regulatory examination. Both the prosecutors and the SEC are delving into his business activities over concerns of potential fraud. The firm is collaborating with regulators to rectify the issues with its investments, which surfaced after subpoenas and an internal review on investment categories. Nevertheless, the company continues to maintain robust capital and liquidity.
Read at Economic Times →
