Friday, 21 November 2014
Last updated 8 hours ago
Jun 21 2013 | 11:27am ET
Former Bridgewater Associates general counsel James Comey will be nominated to lead the Federal Bureau of Investigation today.
President Barack Obama will formally name Comey as his pick to become director of the law-enforcement agency in a ceremony at the White House. Comey served as Bridgewater's general counsel from 2010 until earlier this year, when he joined Columbia Law School.
While Comey, a Republican and a former official in President George W. Bush's Justice Department, is expected to be confirmed, it is unclear whether the Senate will have enough time to handle his nomination prior to the exit of current FBI Director Robert Mueller in September.
Comey, who also formerly served as a federal prosecutor, made a name for himself in 2004 when he refused to reauthorize the National Security Agency's domestic wiretapping program—a stance expected to smooth his way among Senate Democrats. Obama had considered naming Comey FBI director two years ago, but he turned down the job.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...