Monday, 30 March 2015
Last updated 2 days ago
Jan 10 2014 | 12:25pm ET
The Securities and Exchange Commission has a new top cop on the complex financial instruments beat.
Michael Osnato was named head of the four-year-old complex instruments unit, one of five specialized enforcement units at the regulator, this week. The unit was formerly known as the structured and new products unit.
Osnato has been with the SEC since 2008, and was named an assistant director at its New York office in 2010. During his time at the SEC, he worked on cases against JPMorgan Chase and Credit Suisse.
"Michael is a natural leader who brings keen investigative instincts and exceptional judgment to his work," SEC enforcement co-chief Andrew Ceresney said. "He has been a valuable part of our efforts to punish misconduct related to complex financial instruments, and we are pleased that he will bring his considerable talents and skills to the unit."
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…