Millennium Responds to SEC Announcement Regarding Former Employee

<p>NEW YORK--(BUSINESS WIRE)-- Millennium Management LLC, a New York-based global investment management firm, responded today to an SEC announcement regarding insider trading charges brought against a former employee. </p> <p>Millennium received a request for information from the SEC regarding this matter and has cooperated fully throughout the process. There is no charge in the SEC’s complaint that Millennium engaged in any improper conduct. </p> <p>“We have a zero tolerance policy toward insider trading and Millennium requires every employee to certify annually that they are aware of and in compliance with our policies. Millennium employs a small army of compliance personnel who conduct surveillance, review e-mails, and make every effort to deter or prevent any illegal or improper activity,” said Israel Englander, Chairman and Chief Executive of Millennium. “We promote a culture of compliance and a deep commitment to our firm’s code of ethics.” </p> <p><b>About Millennium Management LLC</b></p> <p>The Millennium Group of investment managers has approximately $11 billion in assets under management and is based in New York with affiliated offices in London, Paris, Luxembourg, Beijing, Hong Kong, Tokyo, Singapore, Dallas, Texas, and Greenwich, Connecticut. </p> <p></p> <p></p> <p>Finsbury Group<br> <br> Tripp Kyle, +1-212-303-7600<br> <br> [email protected] </p> <p>Source: Millennium Management LLC</p>