Friday, 19 September 2014
Last updated 12 hours ago
Sep 27 2013 | 10:30am ET
Hedge fund fraudster Thomas Hampton is headed to federal prison.
The Hampton Capital Markets founder was sentenced to two-and-a-half years in prison for lying to investors about millions of dollars in losses. He pleaded guilty in April to securities fraud.
According to the Commodity Futures Trading Commission, Hampton raised about $5.2 million from at least 72 people for his exchange-traded fund strategy. He regularly trumpeted Hampton Capital's profits—in spite of the fact that there weren't any.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.