Friday, 25 July 2014
Last updated 14 hours ago
Feb 7 2007 | 11:22am ET
A pair of D.B. Zwirn executives are out of a job as the New York hedge fund continues to reel from revelations about a bookkeeping scandal.
The New York Post reports that Harold Khan, chief operating officer, and David Proshan, general counsel, have resigned. Shareholders were notified of the departures in a letter, the tabloid said.
In October, CFO Perry Gruss resigned after the firm found that he had allegedly misallocated expenses to client accounts.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…