Jun 7 2013 | 2:37pm ET
Next month's statute of limitations deadline to file criminal charges against either SAC Capital Advisors or founder Steven Cohen may not bring the embattled hedge fund much relief.
Prosecutors have until July and August to file charges relating to the allegedly illegal trades made by a former and a current SAC portfolio manager, both of whom have already been charged. But in spite of those looming deadlines, there is reportedly no panic at the U.S. Attorney's Office in Manhattan.
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…