Thursday, 25 December 2014
Last updated 1 day ago
Mar 5 2013 | 10:11am ET
The Securities and Exchange Commission’s top hedge fund cop may become the latest official at the regulator to head for the doors.
Bruce Karpati, who leads the SEC enforcement division’s asset-management unit, is in talks with Prudential Financial, The Wall Street Journal reports. Karpati would serve as chief compliance officer of the insurance giant’s mutual fund business.
Karpati could join Pru as soon as next month. He would join former SEC Chairman Mary Schapiro and former enforcement chief Robert Khuzami among recent top SEC exits.
Karpati has led the asset-management enforcement unit for three years; since the summer, he has led it on his own, following the departure of co-chief Robert Kaplan.
Karpati, a lawyer, worked at law firm Dechert in Washington, D.C., before joining the SEC.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.