Hedge-fund powerhouse Two Sigma is likely to pay as much as $100 million to settle a Securities and Exchange Commission investigation into a trading scandal at the firm. Read more on t

Hedge fund Two Sigma is likely to have to pay as much as $100 million to resolve a U.S. Securities and Exchange Commission probe into a trading scandal at the firm, the Wall Street Journal reported on Thursday.

Two Sigma is still negotiating with the regulator and could pay a lower amount as a result of the talks, the people said. The five-member commission would have to approve any fina