Friday, 21 November 2014
Last updated 1 hour ago
Aug 2 2010 | 6:15am ET
The Securities and Exchange Commission has a new top litigator for hedge fund wrongdoers to tackle with.
Matthew Martens, currently an assistant U.S. attorney for the Western District of North Carolina, based in Charlotte, will be the next chief litigation counsel at the regulator. He succeeds Luis Mejia, who left the SEC in December.
Among the cases that now fall to Martens are the SEC’s lawsuit against Galleon Group founder and accused insider-trader Raj Rajaratnam and the newly-filed fraud charges against hedge fund founder Samuel Wyly and his brother, Charles.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...