Photographer: Joshua Roberts/Bloomberg

Platt's BlueCrest Said to Be Probed by SEC Over Employee Fund

Updated on
  • U.S. regulator said to have opened investigation in mid-2015
  • SEC review said to focus on potential conflicts of interest

Billionaire Michael Platt’s BlueCrest Capital Management is being investigated by a U.S. regulator over possible conflicts posed by an internal fund that manages money for the firm’s partners, according to people with knowledge of the matter.

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