Category Archives: hedge-fund-research
Citigroup Provided Incomplete Blue Sheet Data for 15 Years
(HedgeCo.Net) The Securities and Exchange Commission today 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 […]
Private Equity Fund Adviser Acted As Unregistered Broker
(HedgeCo.Net) The Securities and Exchange Commission has announced that a Maryland-based private equity fund advisory firm and its owner have agreed to pay more than $3.1 million to settle charges that they engaged in brokerage activity and charged fees without […]
Chief of SEC Whistleblower Office Leaves the Agency
(HedgeCo.Net)— The Chief of the SEC’s Office of the Whistleblower, is planning to leave the agency later this month. Sean McKessy became the first head of SEC’s whistleblower program in February 2011 and helped establish the whistleblower office that assesses […]
SEC: Nashville Firm Schemed to Collect Extra Fees From Hedge Funds
(HedgeCo.Net) — The Securities and Exchange Commission has charged a Nashville, Tenn.-based investment advisory firm and its owner with scheming to collect extra monthly fees from a pair of hedge funds they managed. Examiners in the SEC’s Atlanta office detected […]
Investment Fraud Victims Include Online Daters
(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges and an asset freeze obtained against a Connecticut man accused of misleading people into investing in his company and then taking their money for his personal use. His victims include […]
SEC Halts Ponzi Scheme Aimed at Middle Class
(HedgeCo.Net) The Securities and Exchange Commission has charged two California men and their investment firm with operating a Ponzi scheme as they purported to specialize in serving middle-class investors and securing exorbitant returns by investing in hot pre-IPO stocks. The […]
Hedge Fund Managers and Former Government Official Charged in $32 Million Insider Trading Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced insider trading charges against two hedge fund managers and their source, a former government official accused of deceptively obtaining confidential information from the U.S. Food and Drug Administration (FDA). A third hedge […]
SEC Sues UK-Based Trader for Account Intrusion Scheme
(HedgeCo.Net) The Securities and Exchange Commission today announced it has obtained an emergency court order to freeze the assets of a United Kingdom resident charged with intruding into the online brokerage accounts of U.S. investors to make unauthorized stock trades […]
SEC Proposes Rule Requiring Investment Advisers to Adopt Business Continuity and Transition Plans
(HedgeCo.Net) The Securities and Exchange Commission today proposed a new rule that would require registered investment advisers to adopt and implement written business continuity and transition plans. The proposed rule is designed to ensure that investment advisers have plans in […]
Origami Capital Partners Raises $371 Million Private Equity Fund
(HedgeCo.Net)– Sixpoint Partners, a leading global investment bank serving the middle market, today announced the final closing of Origami Opportunities Fund III, L.P (“the Fund”). The Fund, which is the third investment vehicle for Origami Capital Partners (“Origami”), closed with […]
Citadel Names Steven Lieblich Chief Technology Officer of Hedge Fund Business
(HedgeCo.Net) Citadel announced the appointment of Steven Lieblich as Chief Technology Officer of Citadel’s hedge fund business. A 30-year veteran of Morgan Stanley, Steve has served in a series of senior technology roles, most recently as Morgan Stanley’s Chief Information […]
Merrill Lynch Paying $10 Million Penalty for Misleading Investors in Structured Notes
(HedgeCo.Net) — The Securities and Exchange Commission today announced that Merrill Lynch has agreed to pay a $10 million penalty to settle charges that it was responsible for misleading statements in offering materials provided to retail investors for structured notes […]
