Thursday, 18 December 2014
Last updated 7 hours ago
Sep 22 2006 | 12:10pm ET
New York Attorney General (and Democratic candidate for governer of the Empire State) Eliot Spitzer will force us to eat some crow. In spite of our prediction last week that the late-trading/market-timing scandal was winding to a close, the AG found a new broker to throw the book at.
James Wilson of Manhattan was indicted on 11 counts related to his alleged role in making late trades of mutual fund shares for hedge fund clients of Trautman Wasserman & Co.
Janus Capital Group got in trouble last month for allegedly bending its rules regarding market-timing for Trautman customers.
If convicted, Wilson, who’s out on bail, faces four years in prison.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.