Tuesday, 22 July 2014
Last updated 18 hours ago
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.
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…