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DOJ pushes for prison sentence for quant analyst behind $8.5M front-running scheme

The DOJ says that the Court should impose a substantial sentence of imprisonment on quant analyst Sergei Polevikov.

The SEC and Sergei Polevikov, a quant analyst behind an $8.5 million front-running scheme, have reached partial settlement.

The SEC and Sergei Polevikov expect to reach an agreement resolving this matter within the next few weeks.

The SEC and quant analyst Sergei Polevikov are engaged in discussions regarding a possible resolution of the case.

The SEC announced charges against quantitative analyst Sergei Polevikov for perpetrating a $8.5 million front-running scheme.