Sunday, 3 May 2015
Last updated 2 days ago
Mar 29 2012 | 11:16am ET
The Securities and Exchange Commission has won a final judgment against a former expert-network consultant convicted of selling confidential information to hedge fund managers.
U.S. District Judge Jed Rakoff in New York approved a resolution of the SEC's civil case against Jiau; the regulator did not seek any monetary penalties against Jiau, who was ordered to pay more than $3 million after her conviction in June. Jiau is currently serving a four-year prison term.
The final judgment bars Jiau from future securities law violations. The SEC also noted that it had recovered ill-gotten gains earned by Jiau's tippees with her information.
Among those beneficiaries were Barai Capital Management's Samir Barai and former SAC Capital Advisors trader Noah Freeman.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…