Saturday, 20 September 2014
Last updated 1 day ago
Jun 6 2012 | 9:40am ET
The Securities and Exchange Commission has moved to fill the void left in its hedge fund enforcement team left by former group co-chief Robert Kaplan.
Kaplan will not be replaced as co-head of the asset management unit. Instead, the SEC has promoted two lawyers to serve as deputies to remaining chief Bruce Karpati; both will handle probes at hedge funds and private equity firms.
Julie Riewe and Marshall Sprung "have been with the unit since day one and have been a key part of its success," Karpati said. The asset management enforcement group was created in 2010.
Riewe has already dealt with hedge fund cases during her seven years with the SEC. Sprung has been with the agency since 2003 and is based at its Los Angeles office.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.