Legal
Bill Hwang Wants to Cite Morgan Stanley Leaks as Secrecy Defense
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Bill Hwang is pushing to bring up the probe of Morgan Stanley block-trading leaks in an attempt to bolster his defense.
Lawyers for Hwang have asked the judge to be allowed to question a Securities and Exchange Commission official about the agency’s investigation of Morgan Stanley. That probe was into information leaking in connection with the New York-based firm’s block-trading practices during the time it was a counterparty of Archegos.