Monday, 30 March 2015
Last updated 2 days ago
Mar 5 2009 | 1:12am ET
A French court has rejected hedge fund GLG Partners’ appeal of a fine for alleged insider trading.
The London-based hedge fund, which is listed on the New York Stock Exchange, said in a U.S. regulatory filing that its appeal was denied by the Court of Appeals in Paris. GLG was fined €1.5 million (US$1.9 million) by the Autorité des Marchés Financiers, the French markets regulator, for alleged insider trading of Vivendi shares.
GLG is still pursuing an appeal of the fine with the Conseil d’Etat, France’s highest administrative court.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…