Caymen Net News – Hedge fund managers from across the world are expected to convene in the Cayman Islands for GAIM Ops, a forum that will be held 26-29 April at the Ritz Carlton Resort. GAIM Ops Cayman is the largest hedge fund operational due diligence, compliance, and risk management forum internationally. Industry professionals including Operational Due diligence, COOs, CFOs, CCOs, and general counsel for hedge funds will come to discuss issues affecting the industry.

More than 500 senior delegates are expected to attend the conference, reportedly to tackle issues such as risks that may still be prevalent in the market, and the possible positive outcomes for practioners of operational due diligence.

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Tags: 29-april, cayman islands, compliance, delegates, due diligence, general counsel, hedge-fund-managers, industry professionals, ops, risk management forum, ritz carlton

Lethbridge Herald - The top cop at the U.S. Securities and Exchange Commission is leaving the government less than a week after receiving an angry dressing-down before Congress over the agency’s failure to detect a massive alleged fraud scheme.

The SEC said Monday that Linda Thomsen is leaving to pursue opportunities in the private sector, but did not provide further details. She has been the agency’s enforcement director since May 2005, under two previous SEC chairmen.

A replacement for Thomsen wasn’t named. The leading candidate was Robert Khuzami, a former federal prosecutor who is managing director and general counsel of investment firm Deutsche Bank.

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Tags: chairmen, congress, cop, deutsche bank, failure, former-federal-prosecutor, fraud scheme, general counsel, investment-firm, lethbridge herald, managing director, private sector, robert khuzami, securities-and-exchange, securities-and-exchange-commission, thomsen