{"id":3435,"date":"2005-10-10T00:00:00","date_gmt":"2005-10-10T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"sec-opens-inquiry-into-mans-175m-hedge-fund-losses","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/10\/2005\/sec-opens-inquiry-into-mans-175m-hedge-fund-losses.html","title":{"rendered":"SEC opens inquiry into Man&#8217;s $175m hedge fund losses"},"content":{"rendered":"<p>Monday October 10, 2005 ( <a href=\"http:\/\/www.guardian.co.uk\/\">The Guardian<\/a>&nbsp;) The United States&#8217; securities and exchange commission, the world&#8217;s most powerful financial regulator, haslaunched its own investigation into allegations that Man Group helped to hide losses of $175m (\u00c3\u201a\u00c2\u00a3100m) from investors in a Cayman Islands hedge fund.<\/p>\n<p>  The SEC is thought to have begun its inquiry within the past week into the collapse of Philadelphia Alternative Asset Management (PAAM), a hedge fund for which Man Financial, Man&#8217;s brokerage  business, transacted trades. It comes as investors have started behind-the-scenes discussions to determine whether to launch multi-million pound claims for compensation against Man.<\/p>\n<p><a href=\"http:\/\/www.guardian.co.uk\/business\/story\/0,3604,1588445,00.html\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monday October 10, 2005 ( The Guardian&nbsp;) The United States&#8217; securities and exchange commission, the world&#8217;s most powerful financial regulator, haslaunched its own investigation into allegations that Man Group helped to hide losses of $175m (\u00c3\u201a\u00c2\u00a3100m) from investors in a [&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":[],"class_list":["post-3435","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3435","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=3435"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/3435\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=3435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=3435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=3435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}