Category Archives: hedge-fund-research
Agile Fund Solutions expands team in Southern California as industry specialists join their hedge fund CFO business.
(HedgeCo.Net) “Southern California presents a major opportunity for Agile. Greg is a veteran player in the SoCal market and has overseen hedge funds and family offices across all size scales,” said Vincent Calcagno, CEO. “Coupled with Andi’s experience serving hedge […]
SEC Obtains Asset Freeze in Case of Investor Funds Stolen for Shopping Sprees
(HedgeCo.Net) The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly […]
Five whistleblowers receive more than $26 million,
(HedgeCo.Net)— The Securities and Exchange Commission has announced a whistleblower award of more than $17 million to a former company employee whose detailed tip substantially advanced the agency’s investigation and ultimate enforcement action. The award is the second-largest issued by […]
State Street Allegedly Misled Custody Clients About Prices for Foreign Currency Exchange Trades
(HedgeCo.Net) The Securities and Exchange Commission today announced that State Street Bank and Trust Company has agreed to pay $382.4 million in a global settlement for misleading mutual funds and other custody clients by applying hidden markups to foreign currency […]
SEC Halts Ongoing Fraudulent Stock Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money […]
Investment Fund Manager Sentenced to Fifteen Months in Federal Prison for Obstructing SEC Investigation
(HedgeCo.Net) A defendant in a SEC enforcement action was sentenced to fifteen months in prison in a parallel criminal case after pleading guilty to charges that he obstructed justice in an investigation conducted by the SEC. Vineet Kalucha, whose sentence […]
SEC to Permit Voluntary Filing Using Inline XBRL
(HedgeCo.Net) The Securities and Exchange Commission has announced that it will allow companies to voluntarily file structured financial statement data in a format known as Inline XBRL. This initiative represents another step in the SEC’s continuing efforts to modernize and […]
Silicon Valley Executive Settles Insider Trading Charges
(HedgeCo.Net) The Securities and Exchange Commission has announced that a Silicon Valley executive has agreed to pay more than a half-million dollars to settle charges that he traded on inside information received from a board member at a Minnesota-based company […]
SEC: Citigroup Provided Incomplete Blue Sheet Data for 15 Years
(HedgeCo.Net)— The Securities and Exchange Commission has announced that Citigroup Global Markets has agreed to pay a $7 million penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete […]
SEC Proposes Rules to Enhance Order Handling Information Available to Investors
(HedgeCo.Net) The Securities and Exchange Commission today voted to propose rules that for the first time would require broker-dealers to disclose the handling of institutional orders to customers. The proposed rules also would expand the information included in existing retail […]
SEC Charges Investment Adviser With Failing to Clearly Disclose Additional Costs to Investors
(HedgeCo.Net) The Securities and Exchange Commission today announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled […]
SEC Charges Unregistered Brokers with Pocketing Investor Money
(HedgeCo.Net) The Securities and Exchange Commission has charged two men with pocketing investor money they raised for limited liability companies they owned and controlled that purportedly held warrants to purchase the common stock of a technology startup company. The SEC […]
