Jun 28 2010 | 7:16am ET
The Securities and Exchange Commission’s first insider-trading case involving credit default swaps ended with a whimper on Friday when a judge ruled that a former hedge fund manager and a bond salesman did nothing wrong.
U.S. District Judge John Koeltl, who heard the bench trial without a jury, said there was no evidence that Renato Negrin, formerly of Millennium Partners, and Deutsche Bank’s Jon-Paul Rorech violated insider-trading laws.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…