Browsing: Hedge Funds

Former SAC Analyst Gets Probation for Cooperating with Feds

01/14/2013
New York, NY – Last week, former SAC technology analyst, Wesley Wang, was sentenced to probation in federal district court after pleading guilty to insider trading as a result of ...

Hedge Fund Underperformance and Indie Research

01/07/2013
New York, NY – 2012 was a bust for most hedge funds as the average fund posted a meager 5.5% return, compared to a 13% return for the S&P 500, ...

One-Time Due Diligence Not Enough

11/19/2012
New York, NY – Recent conversations with buy-side compliance professionals have revealed that while one-time efforts to conduct due diligence of third-party research is a step in the right direction, ...

Another Week Brings Even More Insider Trading Cases

10/29/2012
New York, NY – Last week various federal authorities brought three more insider trading cases – one against a former employee of Raj Rajaratnam’s hedge fund, the second against a ...

Gupta and Rajaratnam Expect Big Developments This Week

10/23/2012
New York, NY – This week, former managing partner at McKinsey & Co. Rajat Gupta, and Galleon Group founder Raj Rajaratnam, are expected to receive important court decisions on their ...

SEC’s Love Letter to Hedge Funds

10/16/2012
This has been a hectic time for hedge fund compliance staff.  First there were the registrations with the SEC as mandated by Dodd Frank and then there were new reporting ...

SAC’s Cohen in Crosshairs Again

10/08/2012
New York, NY – According to a recent article by Bloomberg News, former SAC Capital Advisors trader, Noah Freeman, told the Federal Bureau of Investigation that he and others at ...

More Hedge Funds Register Than Originally Expected

03/29/2012
Bloomberg reports that more hedge funds will register with the U.S. Securities and Exchange Commission than the SEC first predicted, expanding the reach of one of the most controversial requirements ...

Hedge Fund Outlook

01/24/2012
A key factor in our relatively sanguine outlook for independent research in 2012 is the state of the hedge fund industry.  If hedge funds languish, it is unlikely the research ...

SEC “Kicks the Can Down the Road” with Hedge Fund Registration

07/11/2011
New York, NY – A few weeks ago, the Securities and Exchange Commission finalized rules requiring registration of most hedge fund managers with either their state or the SEC.  The ...
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