{"id":10522,"date":"2009-05-06T00:00:00","date_gmt":"2009-05-06T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"fund-firm-behavior-faces-state-scrutiny","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/05\/2009\/fund-firm-behavior-faces-state-scrutiny.html","title":{"rendered":"Fund firm behavior faces state scrutiny"},"content":{"rendered":"<div class=\"firstGraph\">\n<p>Boston Globe &#8211; Secretary of State William F. Galvin is investigating Massachusetts Mutual Life Insurance Co.&#8217;s relationship with a hedge fund operation that lost $3.3 billion to admitted swindler Bernard L. Madoff.<\/p>\n<\/div>\n<div class=\"articlePluckHidden\">\n<div>\n<div class=\"embed\">                                                            <\/div>\n<\/div>\n<p>Galvin, who oversees the state Securities Division, said his office is looking into MassMutual as part of an ongoing probe of investment firms that placed clients&#8217; funds with Madoff. The division is examining whether MassMutual did enough to safeguard its customers&#8217; money.<\/p>\n<\/div>\n<div class=\"articlePluckHidden\">\n<p>Springfield-based MassMutual owns Tremont Advisers Inc., a Rye, N.Y., hedge fund firm that sustained the second-biggest loss of all the confessed swindler&#8217;s clients.<\/p>\n<\/div>\n<p>  <strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.boston.com\/business\/markets\/articles\/2009\/05\/06\/fund_firm_behavior_faces_state_scrutiny\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boston Globe &#8211; Secretary of State William F. Galvin is investigating Massachusetts Mutual Life Insurance Co.&#8217;s relationship with a hedge fund operation that lost $3.3 billion to admitted swindler Bernard L. Madoff. Galvin, who oversees the state Securities Division, said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[4608,5176,11136,11148,261,2956,3665,4249,4404,10386,2842,11301,9748,10352,4766,11245],"class_list":["post-10522","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-boston-globe","tag-customers-money","tag-galvin","tag-hedge-fund","tag-insurance","tag-investment-firms","tag-life-insurance-co","tag-madoff","tag-massachusetts-mutual-life-insurance","tag-massmutual","tag-mutual-life-insurance","tag-relationship","tag-secretary-of-state","tag-state-securities","tag-swindler","tag-tremont-advisers"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=10522"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/10522\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=10522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=10522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=10522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}