Category Archives: hedge-fund-research

SEC Halts Scheme Defrauding Pro Athletes

(HedgeCo.Net)— The Securities and Exchange Commission today announced that it has obtained a court order freezing the assets of an investment adviser it has charged with secretly siphoning millions of dollars from accounts he managed for professional athletes and investing […]

Muni Advisors Acted Deceptively With California School Districts

(HedgeCo.Net) The Securities and Exchange Commission today announced that two California-based municipal advisory firms and their executives have agreed to settle charges that they used deceptive practices when soliciting the business of five California school districts. An SEC investigation found […]

SEC Approves IEX Proposal to Launch National Exchange, Issues Interpretation on Automated Securities Prices Staff Issues Guidance on Speed Bumps

(HedgeCo.Net) The Securities and Exchange Commission today approved Investors’ Exchange LLC’s (IEX) application to register as a national securities exchange. At the same time, the Commission issued an updated interpretation that will require trading centers to honor automated securities prices […]

Private Fund Administrator Charged With Gatekeeper Failures

(HedgeCo.Net)— The Securities and Exchange Commission today announced that a firm providing administrative services to private funds has agreed to pay more than $350,000 to settle charges that it failed to heed red flags and correct faulty accounting by two […]

Digital First Media Workers Take on Alden Global Capital Hedge Fund

(HedgeCo.Net) Digital First Media workers and advocates for responsible and quality journalism are launching a campaign to demand investor transparency by Alden Global Capital, the hedge fund that purchased Digital First Media newspapers and properties beginning in 2009. Alden has […]

Muni Advisors Acted Deceptively With California School Districts

(HedgeCo.Net)— The Securities and Exchange Commission today announced that two California-based municipal advisory firms and their executives have agreed to settle charges that they used deceptive practices when soliciting the business of five California school districts. An SEC investigation found […]

Investment Fraud Victims Include Online Daters

(HedgeCo.Net) — The Securities and Exchange Commission today announced fraud charges and an asset freeze obtained against a Connecticut man accused of misleading people into investing in his company and then taking their money for his personal use. His victims […]

SEC to Permit Voluntary Filing Using Inline XBRL

(HedgeCo.Net) — The Securities and Exchange Commission today announced that it will allow companies to voluntarily file structured financial statement data in a format known as Inline XBRL. This initiative represents another step in the SEC’s continuing efforts to modernize […]

Horseshoe Group Acquires IKONIC Fund Services

(HedgeCo.Net) Horseshoe Group (“Horseshoe”) acquires IKONIC Fund Services (“IKONIC”) to form a leading independent fund administrator and insurance manager dedicated to both the Insurance Linked Securities and the alternative fund markets. The transaction, which closed last week subject to customary […]

SEC Issues $17 Million Whistleblower Award

(HedgeCo.NET) The Securities and Exchange Commission today announced a whistleblower award of more than $17 million to a former company employee whose detailed tip substantially advanced the agency’s investigation and ultimate enforcement action. The award is the second-largest issued by […]

SEC: Morgan Stanley Failed to Safeguard Customer Data

(HedgeCo.Net) The Securities and Exchange Commission today announced that Morgan Stanley Smith Barney LLC has agreed to pay a $1 million penalty to settle charges related to its failures to protect customer information, some of which was hacked and offered […]

Childhood Friends Charged With Insider Trading in Pharmaceutical Stocks

(HedgeCo.NET) The Securities and Exchange Commission today charged two Rhode Island men with insider trading in the securities of deal targets being pursued by the pharmaceutical company where one of them worked. The SEC alleges that Michael J. Maciocio obtained […]