Hedge Fund News From HedgeCo.Net


Category Archives: HedgeCo Networks Press Releases

SEC Obtains Asset Freeze in Case of Investor Funds Stolen for Shopping Sprees

(HedgeCo.Net) The Securities and Exchange Commission today announced an asset freeze it has obtained against three men who aren’t registered to sell investments and allegedly went on lavish shopping sprees with more than $5 million raised from investors to purportedly […]

Company Punished for Severance Agreements That Removed Financial Incentives for Whistleblowing

(HedgeCo.Net) The Securities and Exchange Commission today announced that a California-based health insurance provider has agreed to pay a $340,000 penalty for illegally using severance agreements requiring outgoing employees to waive their ability to obtain monetary awards from the SEC’s […]

Six Major Costs of Starting a Hedge Fund

(HedgeCo.Net) Beyond designing an investment strategy is the important task of setting up your firm infrastructure, and that includes how to budget the costs of starting your hedge fund. To outline cost estimates of what it takes to start a […]

Former Goldman Sachs Trader Settles Fraud Charges

(HedgeCo.Net) — The Securities and Exchange Commission today announced that the former head trader in residential mortgage-backed securities (RMBS) at Goldman Sachs has agreed to be barred from the securities industry and pay $400,000 to settle charges that he repeatedly […]

Hedge Fund Manager Charged in Scheme Involving Terminally Ill

(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges against a hedge fund manager and his firm accused of paying terminally ill individuals to use their names on purportedly joint brokerage accounts so he could purchase investments on behalf […]

SEC Charges Stockbroker and Friend With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission today charged a stockbroker and his friend with participating in an insider trading scheme to profit in advance of two major announcements out of a pharmaceutical company. The SEC alleges that Paul T. Rampoldi […]

SEC Charges Stockbroker and Friend With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission today charged a stockbroker and his friend with participating in an insider trading scheme to profit in advance of two major announcements out of a pharmaceutical company. The SEC alleges that Paul T. Rampoldi […]

SEC: Investment Adviser Boasted Phony Assets and Track Record, Stole From Client

(HedgeCo.Net) — The Securities and Exchange Commission today announced fraud charges against a San Francisco man and his investment advisory firm accused of pretending to manage millions of dollars in assets and then stealing money from the first client who […]

Former Professional Football Player Charged With Running $10 Million Fraud

(HedgeCo.Net) The Securities and Exchange Commission today charged Merrill Robertson Jr., a former player for the Philadelphia Eagles, with defrauding investors, including coaches he knew from his time playing football for the Fork Union Military Academy and the University of […]

Private Fund Administrator Charged With Gatekeeper Failures

(HedgeCo.Net) The Securities and Exchange Commission has 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 […]

SEC Halts Ongoing Fraudulent Stock Scheme

(HedgeCo.Net) The Securities and Exchange Commission today announced it has won a court-ordered asset freeze to halt an ongoing fraud by two former brokers with disciplinary histories who allegedly raised more than $5 million from investors without using the money […]

Investment Adviser Charged With Failing to Clearly Disclose Additional Costs to Investors

(Hedgeco.Net) The Securities and Exchange Commission has announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled […]

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