Jul 22 2013 | 12:43pm ET
The SEC's administrative charges against SAC Capital's Steve Cohen may be intended to assist the Department of Justice in its efforts to build a criminal case against SAC, said one legal expert.
The SEC is seeking to have Cohen banned for life from the financial services industry for failing to supervise two senior employees and prevent them from engaging in insider trading on his watch.
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…