Breeden Research Chief Quits

Jun 14 2012 | 12:49pm ET

Former Securities and Exchange Commission Chairman Richard Breeden’s hedge fund has lost its research and trading chief after just two years.

Joshua Fenton has resigned from Breeden Capital, the firm said in an SEC filing. The $645.7 million Greenwich, Conn.-based firm said that Michael Keating has taken Fenton’s research post on an interim basis.

Fenton, who formerly worked at Clay Finlay and Gabelli Asset Management, has joined another firm, although his wife refused to tell Bloomberg News which one. Fenton is currently traveling in China.

 


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Securities and Exchange Commission Chair Mary Jo White will step down as chair of the nation’s Wall Street overseer in January, setting the stage for a potential conservative shift in the regulator’s leadership under the incoming Donald Trump administration.