Monday, 20 October 2014
Last updated 1 min ago
Jun 5 2012 | 10:00am ET
Two top Securities and Exchange Commission lawyers are leaving the regulator, including the head of its enforcement unit focused on hedge funds.
Robert Kaplan joined Debevoise & Plimpton today. Kaplan had worked at the SEC's enforcement division since 1995, and has served as co-head of that division's asset management unit since its creation two-and-a-half years ago.
"Debevoise is particularly excited to bring our clients Rob's deep understanding of the securities compliance and enforcement issues facing private equity and hedge funds, as well as other alternative investment funds," the firm's Michael Blair said.
The SEC is also losing the head of its market intelligence unit, Thomas Sporkin. Sporkin will join law firm BuckleySandler on June 18 after 20 years at the enforcement division.
"My sincere thanks go to Rob and Tom for their many years of exemplary service to the SEC and to investors everywhere," Robert Khuzami, head of the SEC's enforcement division, said. He added, "the deep bench of talent at the SEC ensures that our strong proactive enforcement efforts will continue uninterrupted."
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
Most traders agree that proper risk management is the key to successful trading. However, many traders depend on the deeply flawed measure of standard deviation as a benchmark of risk. Here we put it ...