Oct 25 2006 | 5:55pm ET
The NASD has imposed its largest fine ever against an individual for market timing. The regulatory agency issued a $2.25 million sanction against hedge fund manager Paul Saunders, chairman and CEO of Richmond, Va.-based James River Capital Corporation.
Feb 3 2014 | 9:27am ET
In recognition of his extraordinary dedication to philanthropy, Marathon Asset Management’s Bruce Richards will be presented with the Award for Caring during the 16th Annual New York Open Your Heart to the Children Benefit, which takes place on Thursday, March 6. The gala, the largest gathering that Hedge Funds Care/Help For Children holds worldwide, will bring together 1,000 hedge fund executives to raise funds to help prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…