Monday, 1 September 2014
Last updated 2 days ago
Dec 16 2010 | 2:30pm ET
John Kinnucan, the research firm founder at the center of the Justice Dept.'s widening insider-trading investigation, has received another subpoena.
The information request from the Securities and Exchange Commission comes less than two weeks after the Broadband Research chief got one from the Federal Bureau of Investigation. The new subpoena seeks information about Sedna Capital Management, the now-defunct hedge fund founded by Regnan Rajaratnam, the brother of Galleon Group founder and insider-trading defendant Raj Rajaratnam.
Kinnucan, who became something of a celebrity for refusing to cooperate with the FBI in the insider-trading probe, told Business Insider that he's "never even heard" of Sedna.
"I've never even done business with Galleon," he said.
Kinnucan, who has two days to respond to the request, said the SEC was seeking "even more details" and "more personal information" than the FBI: "anything related to his business for the last three years."
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...