Jul 22 2013 | 12:43pm ET
The SEC's administrative charges against SAC Capital's Steve Cohen may be intended to assist the Department of Justice in its efforts to build a criminal case against SAC, said one legal expert.
The SEC is seeking to have Cohen banned for life from the financial services industry for failing to supervise two senior employees and prevent them from engaging in insider trading on his watch.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…