Browsing: Compliance

Chu Gets Off Easy

09/13/2011
Don Ching Trang Chu, a former employee at Primary Global Research LLC (PGR), received a light sentence last week for passing confidential information to investor clients.   Although he faced up ...

US Expert Networks Weather Hurricane “Insider Trading Investigations” while Some European Peers Swim in the Peaceful Waters of Capital

09/08/2011
New York – It is turbulent times for the US expert network industry since insider trading investigations have prompted clients in the financial services industry to fly away from this, ...

Diamondback Capital and PM Settles Case with SEC

09/07/2011
New York, NY – Last week, Anthony Scolaro, a former portfolio manager with Stamford, Connecticut-based hedge fund, Diamondback Capital Management, settled his insider-trading case with the U.S. Securities and Exchange ...

Policies and Procedures Are Not Enough – Insider Trading Investigations Continued

08/31/2011
New York – Having written internal procedures in place is not enough protection against insider trading allegations – you also need to implement them.  In a case published this month, ...

Another Guilty Plea and a New Arrest

08/16/2011
A former portfolio manager for FrontPoint Partners pleaded guilty yesterday to insider trading, and Federal prosecutors resumed their insider trading indictments with the arrest of a former accountant at Marvell ...

MNPI Not Only Risk for Buy-Side

08/15/2011
New York, NY – In the past nine months, many buy-side investors have been focused on trying to identify and mitigate the risk of receiving either material nonpublic information or ...

Massachusetts Regulates Expert Networks

08/09/2011
Massachusetts adopted a new regulation requiring investment advisers using expert network firms to obtain certifications that consultants won’t supply any confidential information as part of their service. The certification must ...

A (Bearish) Look at Increased Corporate Insider Trading

08/03/2011
New York- This week the news reported that “corporate insiders are selling their companies’ shares at an abnormally fast pace”.  Some independent research on this irregular activity can be precious. Last ...

Longueuil Gets 2.5 Years

08/02/2011
Donald Longueuil, a former hedge-fund manager at SAC Capital Advisors, was sentenced to 2.5 years in prison Friday after pleading guilty to insider-trading charges.  Although not a direct client of ...

Buy-Side Compliance Response to Research Providers

08/01/2011
New York, NY – Over the past few months, buy-side investors have responded in a number of ways to address concerns that the external research providers they use might introduce ...
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