{"id":9352,"date":"2008-12-12T00:00:00","date_gmt":"2008-12-12T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"new-evidence-emerges-in-closed-insider-trading-case","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/12\/2008\/new-evidence-emerges-in-closed-insider-trading-case.html","title":{"rendered":"New Evidence Emerges in Closed Insider-Trading Case"},"content":{"rendered":"<p><span class=\"Apple-style-span\"><\/p>\n<p><span class=\"Apple-style-span\">Washington Post &#8211; <\/span>New evidence has emerged in an insider-trading investigation that the&nbsp;Securities and Exchange Commission&nbsp;closed two years ago without filing charges, raising questions on&nbsp;Capitol Hill&nbsp;about the government&#8217;s oversight of what was once one of the nation&#8217;s most prominent hedge funds.<\/p>\n<div>\n<p>According to documents, the hedge fund &#8212; Pequot Capital Management &#8212; secretly began to pay $2.1 million to a key witness in the case last spring, just three months after several senators called on the SEC to reopen its investigation.<\/p>\n<p>Top Republicans on the Senate Finance and Judiciary committees asked Pequot&#8217;s chairman this week to provide records related to the payments. The&nbsp;<a href=\"http:\/\/www.washingtonpost.com\/ac2\/related\/topic\/Federal+Bureau+of+Investigation?tid=informline\" target=\"\">FBI<\/a>&nbsp;is also looking into the matter, according to people familiar with the case.<\/p>\n<\/div>\n<p><\/span>  <a href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.washingtonpost.com\/wp-dyn\/content\/article\/2008\/12\/11\/AR2008121103726.html\" target=\"_blank\"><span class=\"Apple-style-span\">Read Complete Article<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Washington Post &#8211; New evidence has emerged in an insider-trading investigation that the&nbsp;Securities and Exchange Commission&nbsp;closed two years ago without filing charges, raising questions on&nbsp;Capitol Hill&nbsp;about the government&#8217;s oversight of what was once one of the nation&#8217;s most prominent hedge [&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":[2949,2796,2197,171,345,831,65,3224,170,20,34,4144,4145,45,4143,1422],"class_list":["post-9352","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-ariz","tag-dealer-operations","tag-emirates","tag-gaap","tag-investigations","tag-investment-banks","tag-june-14","tag-masochist","tag-money-managers","tag-new-marketplace","tag-news-press","tag-personal-account","tag-public-policy","tag-regulators","tag-serene-world","tag-stake"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9352","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=9352"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9352\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}