Saturday, 27 December 2014
Last updated 3 days ago
Mar 9 2009 | 1:48am ET
Accused hedge fund fraudster Arthur Nadel has been given more time to find a lawyer to defend him against civil charges leveled by the Securities and Exchange Commission.
Nadel has attorneys defending him against criminal charges that he defrauded investors in six hedge funds he managed of some $300 million, and those same lawyers may also defend him against the SEC complaint. But a federal judge has given him another month to decide.
If Nadel has not picked a lawyer by April 6, he will be unable to contest the SEC’s charges.
Nadel, who lived and worked in Sarasota, Fla., remains in federal custody in New York, unable to post bail
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.