Monday, 20 April 2015
Last updated 5 hours ago
Jun 3 2009 | 3:31am ET
Would-be hedge fund fraudsters and Ponzi schemers beware: Wall Street has a new top regulatory cop.
The Securities and Exchange Commission yesterday named George Canellos, a former federal prosecutor, to head its New York enforcement office. Among Canellos’ responsibilities will be overseeing the hedge fund industry in New York and New Jersey.
“I’m confident that he will help the commission provide rigorous oversight of Wall Street and advance our efforts to restore investor confidence,” SEC Chairman Mary Schapiro said.
Canellos joins the SEC from law firm Millbank Tweed Hadley & McCloy, where he is a partner in the litigation group. Before returning to the private sector, Canellos spent eight years in the U.S. Attorney’s Office in Manhattan, where he worked with newly-minted SEC enforcement chief Robert Khuzami.
As a federal prosecutor in New York, Canellos led the major crimes unit and was senior trial counsel for its securities and commodities fraud task force.
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…