SEC Raps Hedge Fund Manager For Inflating Assets
Jan 5 2012 | 12:46pm ET
The Securities and Exchange Commission has sued a Chicago hedge fund manager for allegedly lying to her investors and to the regulator itself.
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“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…
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