archegos capital management engaged in what the securities and exchange commission called a brazen scheme to manipulate the market from at least september 2020 through march 2021 according to a filing made wednesday the secs complaint against bill hwang patrick halligan william tomita scott becker and archegos capital management alleged interlocking deceptive acts and misconduct through false and misleading statements to securitybased swap counterparties and prime brokers to boost assets from around 4 billion to over 36 billion in just under six months hwang and halligan were reportedly arrested as the commodity futures trading commission filed related charges against archegos