Hedge Fund News From HedgeCo.Net


Raymond James and Robert W. Baird Settle Charges Related to Compliance Failures

(Hedge Co.Net) The Securities and Exchange Commission today announced that two investment advisory firms are settling charges related to compliance failures within their wrap fee programs. SEC investigations found that St. Petersburg, Fla.-based Raymond James & Associates and Milwaukee-based Robert […]

SEC Charges Hedge Fund Manager Leon Cooperman With Insider Trading

(HedgeCo.Net) The Securities and Exchange Commission today charged hedge fund manager Leon G. Cooperman and his firm Omega Advisors with insider trading based on material nonpublic information he learned in confidence from a corporate executive. The SEC alleges that Cooperman […]

SEC Issues $4 Million Whistleblower Award

(HedgeCo.Net) The Securities and Exchange Commission today announced an award of more than $4 million to a whistleblower whose original information alerted the agency to a fraud. The SEC’s whistleblower program has awarded more than $111 million to 34 whistleblowers […]

Ernst & Young, Former Partners Charged With Violating Auditor Independence Rules

(HedgeCo.Net) The Securities and Exchange Commission today announced that public accounting firm Ernst & Young has agreed to pay $9.3 million to settle charges that two of the firm’s audit partners got too close to their clients on a personal […]

Marijuana-Related Company Charged with Scheming Investors

(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges in a scheme involving illegal stock sales and false financial filings of a company that makes containers for growing marijuana. An SEC investigation found that William J. Sears orchestrated the […]

Two Large Firms Charged With Compliance Failures in Wrap Fee Programs

(HedgeCo.Net)— The Securities and Exchange Commission has announced that two investment advisory firms are settling charges related to compliance failures within their wrap fee programs. SEC investigations found that St. Petersburg, Fla.-based Raymond James & Associates and Milwaukee-based Robert W. […]

SEC Whistleblower Program Surpasses $100 Million in Awards

(HedgeCo.Net) The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million announced earlier today. The whistleblower program was established by Congress to incentivize whistleblowers with specific, […]

“Stock Trading Whiz Kid” to Pay $1.5 Million to Settle Stock Newsletter Fraud Charges

(HedgeCo.Net) The Securities and Exchange Commission today announced that a self-proclaimed “stock trading whiz kid” and his stock newsletter company in Los Angeles have agreed to pay nearly $1.5 million to settle charges that they defrauded subscribers through false statements […]

Are the Capital Markets Headed for a Major Correction and Will Hedge Funds Help or Hurt?

(HedgeCo.Net) Major corrections in the capital markets are a risk that investors must always consider. Experience shows the question is not if a major correction will happen, but when. The challenge for investors is to determine and prepare for the […]

BOK Financial, Senior Executive Charged With Turning Blind Eye to Investment Scheme

(HedgeCo.Net) The Securities and Exchange Commission today announced that a subsidiary of Oklahoma-based BOK Financial Corporation has agreed to pay more than $1.6 million to settle charges that it concealed numerous problems and red flags from investors in municipal bond […]

Two Large Investment Advisory Firms Charged With Compliance Failures in Wrap Fee Programs

(HedgeCo.Net)— The Securities and Exchange Commission today announced that two investment advisory firms are settling charges related to compliance failures within their wrap fee programs. SEC investigations found that St. Petersburg, Fla.-based Raymond James & Associates and Milwaukee-based Robert W. […]

SEC Whistleblower Program Surpasses $100 Million in Awards

(HedgeCo.Net) The Securities and Exchange Commission’s awards to whistleblowers have surpassed the $100 million mark with the program’s second-largest award of more than $22 million. The whistleblower program was established by Congress to incentivize whistleblowers with specific, timely and credible […]

SEC Charges CEO and Paid Promoter With Fraudulently Promoting Stock of Las Vegas Health Products Company

(HedgeCo.Net) The Securities and Exchange Commission today charged the CEO of a sexual health products retailer and a paid promoter with orchestrating fraudulent promotional campaigns to tout the company’s stock. The SEC alleges that Scott S. Fraser, who also was […]

SEC Charges Alabama Attorney and His Companies in Purported Waste-To-Energy Ventures

(HedgeCo.Net) The Securities and Exchange Commission today charged Alabama attorney Donald Watkins and companies he controls with defrauding professional athletes and other investors out of millions of dollars, much of which he spent on his girlfriend and to cover personal […]

Related Posts Plugin for WordPress, Blogger...
Syndicated Headlines
  • Investors Add $6.3B to Hedge Funds in August; Total Industry AUM $3.02T
    Friday, September 23, 2016 : Permalink

    (Fin Alternatives) Hedge fund investors allocated $6.3 billion in new assets to the industry during August, bringing overall industry assets back over the $3 trillion mark, according to new research from eVestment. To read this article:

  • Some of the Biggest Hedge Funds Are Bleeding Cash
    Friday, September 23, 2016 : Permalink

    (Bloomberg) Some of the biggest and best-known hedge funds can’t hang on to client capital. Richard Perry, who started his hedge fund 28 years ago, has seen assets in his Perry Capital shrink to $4 billion, from $10 billion last […]

  • Fired Manager Can Challenge Highland Capital in Arbitration
    Friday, September 23, 2016 : Permalink

    (Bloomberg) A former portfolio manager can force Highland Capital Management LP into arbitration over his claim that he was fired after questioning what he described as the firm’s illegal self-dealing with outside investors. Highland alleges Joshua Terry was the one […]

  • Hedge Fund Fees Need to Fall Further, Investor Survey Finds
    Friday, September 23, 2016 : Permalink

    (Bloomberg) Hedge fund fees need to fall further according to an investor survey by Preqin Ltd., as the industry struggles to justify its 2-and-20 fee structure amid lackluster returns. Seventy-three percent of institutional investors said management fees need to decline […]



User Contributed News