Monday, 24 November 2014
Last updated 5 hours ago
May 20 2014 | 2:29pm ET
A federal judge has thrown the book at a South Dakota hedge fund fraudster.
Randy Hansen was sentenced yesterday to nine years in prison. Hansen was convicted in January of ripping off investors in his RAHFCO hedge funds to the tune of $18 million in a Ponzi scheme.
Prosecutors had sought 11 years or more for Hansen.
Hansen’s co-conspirator, Anthony Johnson, is already doing time for the crime.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...