Tuesday, 16 September 2014
Last updated 1 hour 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.
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…
The Federal Reserve keeps baby-stepping toward a “normalization” of monetary policy. But just what is normal?