NASD Slaps Hedge Fund Manager With $2.25 Million Fine

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.


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Publisher's Note

    Save The Date: FINforums Annual Hedge Fund Summit

    Mar 2 2012 | 4:10am ET

    Deirdre BrennanDeirdre BrennanFINforums, the events arm of FINalternatives, is holding its Annual Hedge Fund Summit on Sept. 20, 2012 at the Sentry Centers in New York City. Don't miss out on this chance to meet and mingle with the top decision makers and investors in the alternative asset management industry. Read more…