Nov 15 2013 | 12:47pm ET
The trial of SAC Capital Advisors portfolio manager Michael Steinberg is set to start with a bang next week.
The highly-anticipated insider-trading case opens on Tuesday with jury selection. Once the panel that will decide Steinberg's fate is in place, they'll hear from SAC CFO Daniel Berkowitz, whom prosecutors have said will serve as their first witness against the highest-ranking SAC employee to face criminal 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…