SEC Names New Top Litigator

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.

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Editor's Note

    Oct 21 2015 | 10:41am ET

    One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…