Feb 25 2011 | 9:14am ET
The Securities and Exchange Commission has charged a prominent former hedge fund manager and four others with manipulating markets in U.S. micro-cap stocks.
Florian Homm, the founder and former chief investment officer of Absolute Capital Management, and Todd Ficeto earned some $63 million in illegal profits through their California brokerage, Hunter World Markets, the agency alleges, as part of a "portfolio pumping" scam.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…