Feds: Ex-Bear Hedge Fund Manager ‘Rarely’ Followed Compliance Rules

Aug 20 2009 | 10:59am ET

Ralph Cioffi, the former Bear Stearns hedge fund manager indicted for fraud stemming from the collapse of his two funds, brazenly ignored and evaded the firm’s compliance requirements, prosecutors allege in a new court filing.

The U.S. Attorney’s Office in Brooklyn, N.Y., filed the letter with U.S. District Judge Frederic Block, seeking admission of the evidence at Cioffi’s trial, which is set to begin in October.


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    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…