Jul 5 2013 | 10:12am ET
Years of investigation will not produce criminal charges against SAC Capital Advisors' Steven Cohen.
Federal prosecutors have concluded that they simply do not have enough evidence to indict the billionaire hedge fund manager. And facing a deadline this month to bring the most serious potential charges against him, the U.S. Attorney's Office in Manhattan expects it to come and go without charges.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…