U.K. Authorities Arrest Three Hedge Fund Employees

Feb 27 2013 | 1:39pm ET

British authorities have arrested three hedge fund employees as part of a crackdown on insider-trading.

The three men were taken in for questioning by the Financial Services Authority. The regulator said their arrests were not linked with previously announced insider-trading investigations.

The FSA did not identify the three, all men, aged 33, 37 and 39. The regulator also did not disclose which hedge fund or funds they worked for. None has been charged.

The FSA did say that it executed six search warrants on homes and offices in London and its surroundings, alongside the Metropolitan Police.


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note