Mar 22 2013 | 2:32am ET
Raj Rajaratnam's brother has been charged with insider-trading, two years after the Galleon Group founder's conviction for the same crime.
Rajarengan Rajaratnam, known as Rengan, was hit with allegations that he and his brother conspired to trade on confidential information about two technology stocks, earning them nearly $1.2 million in illicit profits in 2008. Rengan was also sued today by the Securities and Exchange Commission.
Mar 17 2014 | 9:30am ET
“Transparency” has become a touchstone for investors in the post-Madoff world but, according to Carl Lingenfelter, chief administration officer at Northern Trust Hedge Fund Services, it's a concept that has evolved over the past five years from fraud protection to risk management to investment performance. Read more…
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…