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21

Leon Cooperman and Omega Advisors Receive S.E.C. Notice

By Tony Seruga

Leon G. Cooperman, the chief executive of Omega Advisors. On Monday he defended his firm’s reputation, saying, “I am not going to let these guys change my legacy.” CreditScott Eells/Bloomberg

The longtime Wall Street trader Leon G. Cooperman is preparing for a showdown with regulators.

Mr. Cooperman and his $5.2 billion hedge fund Omega Advisors received a notice from the Securities and Exchange Commission on March 14 outlining the possibility that they could face enforcement action over trading violations, the hedge fund manager told investors on Monday…

Leon Cooperman and Omega Advisors Receive S.E.C. Notice

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