AQR Trading Chief Goes on Leave as SEC Probes Ex-Employer
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Hitesh Mittal, the head of trading at AQR Capital Management, is voluntarily taking a leave of absence amid a regulatory investigation of his former employer, Investment Technology Group Inc.
ITG revealed Wednesday that it was in talks to settle a U.S. Securities and Exchange Commission investigation into possible wrongdoing at its dark pool. Although ITG didn’t identify anyone involved by name, Mittal is a key figure in that inquiry, according to two people familiar with the matter, who asked not to be named because the investigation is private.