SEC has about 150 hedge fund probes
Tuesday, April 28, 2009 : PermalinkReuters – U.S. securities regulators have about 150 active hedge fund investigations and more than 50 probes involving credit default swaps and other derivatives, Securities and Exchange Commission Chairman Mary Schapiro said on Monday.
The SEC also has about two dozen active municipal securities investigations, possibly involving arbitrage-driven fraud, public corruption and price transparency, Schapiro told a conference of business journalists in Denver.
Tags: arbitrage, business journalists, commission chairman, credit default swaps, derivatives securities, fraud, fund investigations, mary schapiro, municipal securities, price transparency, probes, public corruption, regulators, reuters, securities-and-exchange, securities-and-exchange-commission, swaps-and-other-derivatives
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