CFTC Fines ‘Fishy’ Hedge Fund Firm For Fraud

Sep 26 2007 | 1:07pm ET

One has to wonder about a firm that names itself after a flesh eating fish. The U.S. Commodity Futures Trading Commission said today that a federal court in California has fined Robert Joseph Beasley and his firm, Longboat Global Funds Management, for committing fraud by misrepresenting certain investments held by his commodity pool, Piranha Capital.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    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…