Tuesday, 23 September 2014
Last updated 11 hours ago
Oct 1 2013 | 1:32pm ET
David Meister, the head of enforcement at the U.S. Commodity Futures Trading Commission, will leave the regulator after three years.
Meister led the regulator's investigations into the collapse of MF Global Holdings and the manipulation of the London interbank offered rate. A former federal prosecutor and lawyer for Skadden Arps Slate Meagher & Flom, Meister has not announced his plans other than to return to his family in New York.
"David has brought energy, talent and experience to our critical mission to protect the public from fraud and abuse," CFTC Chairman Gary Gensler said. "He is a tough but fair former prosecutor who will be missed by all at the CFTC."
Meister will be replaced on an interim basis by Gretchen Lowe, chief counsel of the enforcement division.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
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.