Nov 9 2006 | 11:40am ET
An Oakland, Calif., man has been accused of perpetrating just about every hedge fund scam imaginable, allegedly stealing millions from his “clients.”
The Securities and Exchange Commission has filed fraud charges against Edward Ehee, alleging, among other things, that he misappropriated investor funds, raised money for four years after shuttering his investment operations, produced phony documentation, including bogus audit statements, and ran a Ponzi scheme, to boot. Ehee’s assets, as well as those of his wife, brother, father and “investment advisory firms,” were frozen yesterday by a federal court in San Francisco.
Jul 8 2014 | 10:48am ET
The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…