Hedge Fund News From HedgeCo.Net


Company Halts ICO After SEC Raises Registration Concerns

(HedgeCO.Net) A California-based company selling digital tokens to investors to raise capital for its blockchain-based food review service halted its initial coin offering (ICO) after being contacted by the Securities and Exchange Commission, and agreed to an order in which […]

SEC Charges Firm With Failing to Properly Disclose Perks for Executives

(HedgeCo.Net) The Securities and Exchange Commission today charged a biopharmaceutical company with committing a series of accounting controls and disclosure violations, including the failure to properly report as compensation millions of dollars in perks provided to its then-CEO and then-CFO. […]

Former Company Insider Earns More Than $4.1 Million for Whistleblower Tip

(HedgeCo.Net) The Securities and Exchange Commission today announced an award of more than $4.1 million to a former company insider who alerted the agency to a widespread, multi-year securities law violation and continued to provide important information and assistance throughout […]

California Audit Firm Charged With Fraud

(HedgeCo.Net) A California-based audit firm is being charged with conducting flawed audits and reviews of financial statements, which are critical sources of information for investors. The SEC’s Enforcement Division alleges that Anton & Chia LLP and its accountants ignored numerous […]

SEC Emergency Action Halts ICO Scam

(HedgeCo.Net) The Securities and Exchange Commission today announced it obtained an emergency asset freeze to halt a fast-moving Initial Coin Offering (ICO) fraud that raised up to $15 million from thousands of investors since August by falsely promising a 13-fold […]

Florida Penny Stock Operators Charged With Defrauding Elderly Investors

(HedgeCo.Net) The Securities and Exchange Commission today charged two individuals with defrauding elderly investors in a penny stock scheme involving Florida entertainment companies and their “Spongebuddy” product. The charges are part of the Miami Regional Office’s Recidivist Initiative which has […]

Long Island Town and Former Top Official Charged With Defrauding Municipal Investors

(HedgeCo.Net) The Securities and Exchange Commission has charged Oyster Bay, New York, and its former top elected official with defrauding investors in the town’s municipal securities offerings by hiding the existence and potential financial impact of side deals with a […]

SEC files 754 enforcement actions in 2017 returning $1.07 billion to investors.

(HedgeCo.Net) In its ongoing efforts to protect Main Street investors, the Securities and Exchange Commission’s Enforcement Division has issued a report highlighting its priorities for the coming year as well as a review of enforcement actions that took place during […]

Maryland Firm Hit With $1.5-Million Penalty

(HedgeCO.Net) A Maryland-based biotech company and four former top executives with prioritizing revenue growth over lawful accounting and misleading investors in the process. The SEC alleges that Osiris Therapeutics routinely overstated company performance and issued fraudulent financial statements for a […]

Long Island Town and Former Top Official Charged With Defrauding Municipal Investors

(HedgeCo.Net) The Securities and Exchange Commission today charged Oyster Bay, New York, and its former top elected official with defrauding investors in the town’s municipal securities offerings by hiding the existence and potential financial impact of side deals with a […]

Paid to Click Scams Allegedly raise more than $38 million from 150,000 investors

(HedgeCo.Net) The Securities and Exchange Commission is warning investors to beware online “paid-to-click” scams that promise an easy payday by merely purchasing a membership or an advertising product up front and then clicking on a certain number of online ads […]

SEC Enforcement Efforts Return $1.07 Billion to Investors in 2017

(HedgeCo.Net) In its ongoing efforts to protect Main Street investors, the Securities and Exchange Commission’s Enforcement Division today issued a report highlighting its priorities for the coming year as well as a review of enforcement actions that took place during […]

Former Private Equity Firm Partner Charged With Secretly Billing Clients for His Vacations and Salon Visits

(HedgeCo.Net) The Securities and Exchange Commission has charged Mohammed Ali Rashid, a former senior partner at Apollo Management L.P., with defrauding his fund clients by secretly billing them for approximately $290,000 in personal expenditures, including his family vacations, visits to […]

Day Trader Charged in Brokerage Account Takeover Scheme

(HedgeCo.Net)The Securities and Exchange Commission today charged a day trader based in the Philadelphia area with participating in a scheme to access the brokerage accounts of more than 100 unwitting victims and make unauthorized trades to artificially affect the stock […]

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Syndicated Headlines
  • Hedge Funds Can’t Keep Up With China’s Surging Stock Market
    Today, December 15, 2017 : Permalink

    (Bloomberg) It was a good year for hedge funds betting on rising and falling stocks in Greater China. Just not good enough to beat a spectacular market rally. Long-short equity hedge funds investing in the region returned an average 30 […]

  • Hedge Funds: Rise of the Machines
    Today, December 15, 2017 : Permalink

    (Bloomberg) The future of hedge funds is starting to look like there will be fewer managers. That doesn’t mean there will be fewer funds.Traditional long-short hedge funds and their managers have recently felt like an endangered species, with many giving […]

  • This Hedge Fund Is Preparing for Swedish Real Estate Turmoil
    Today, December 15, 2017 : Permalink

    (Bloomberg) The potential for a housing crash in Sweden has Peak Asset Management surveying for opportunities. In particular there could be “developers that have come under pressure since housing prices have started to fall,” Per Djerf, co-founder and chief investment […]

  • Steve Cohen’s New Hedge Fund Could Have a Lockup of Up to Three Years
    Today, December 15, 2017 : Permalink

    (Bloomberg) With just three weeks until regulators permit billionaire Steve Cohen to resume taking investor money, his new hedge fund plans are making some potential clients wary. The terms being discussed for Cohen’s new fund — which he could launch […]



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