Category Archives: HedgeCo News
Traders Paying Back All Profits in Insider Trading Case
(HedgeCo.Net) Three Peruvian traders have agreed to settle a pending case alleging that they traded on nonpublic information prior to the merger of two companies. Nino Coppero del Valle, the alleged tipper who worked at one of the companies, agreed […]
SEC Halts Fraud Targeting Seniors
(HedgeCo.Net) The Securities and Exchange Commission today announced an emergency asset freeze and temporary restraining order against a Chicago-based investment adviser and his financial management company accused of scamming elderly investors out of millions of dollars. The SEC alleges that […]
27 Firms and Individuals Charged With Fraudulent Promotion of Stocks
(HedgeCO.Net) The Securities and Exchange Commission today announced enforcement actions against 27 individuals and entities behind various alleged stock promotion schemes that left investors with the impression they were reading independent, unbiased analyses on investing websites while writers were being […]
Muni Bond Underwriter Charged With Gatekeeper Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced that an Arizona-based brokerage firm, its CEO, and its former underwriter’s counsel have agreed to settle charges related to municipal bond offerings they were underwriting that turned out to be fraudulent. The […]
SEC Adopts JOBS Act Amendments to Help Entrepreneurs and Investors
(HedgeCo.Net) The Securities and Exchange Commission has announced that it has adopted amendments to increase the amount of money companies can raise through crowdfunding to adjust for inflation. It also approved amendments that adjust for inflation a threshold used to […]
SEC Charges Muni Bond Underwriter With Gatekeeper Failures
(HedgeCo.Net) The Securities and Exchange Commission today announced that an Arizona-based brokerage firm, its CEO, and its former underwriter’s counsel have agreed to settle charges related to municipal bond offerings they were underwriting that turned out to be fraudulent. The […]
SEC Halts Fraud Targeting Seniors
(HedgeCo.Net) The Securities and Exchange Commission has announced an emergency asset freeze and temporary restraining order against a Chicago-based investment adviser and his financial management company accused of scamming elderly investors out of millions of dollars. The SEC alleges that […]
Hedge Fund Branding Drives Asset Flows
(HedgeCo.Net) Since the market correction of 2008, a vast majority of hedge fund net asset flows have gone to a small minority of hedge funds with the strongest brands. A recent report from Hedge Fund Research shows that approximately 69% […]
Auditor Charged With Insider Trading on Client’s Nonpublic Information
(HedgeCo.Net) The Securities and Exchange Commission has announced that an auditor based in the Silicon Valley has agreed to settle charges that he traded on inside information about a client on the verge of a merger.The SEC’s order finds that […]
Pastor Charged With Defrauding Retirees
(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze obtained against a Michigan-based pastor accused of exploiting church members, retirees, and laid-off auto workers who were misled to believe they were investing in a […]
SEC Halts Boiler Room Scheme Involving State Lottery Tickets
(HedgeCo.Net) The Securities and Exchange Commission has announced charges against a Florida-based company, its CEO, and its top sales agent accused of conducting a boiler room scheme that solicits investments in a business purportedly facilitating online and cell phone sales […]
Stewart Capital Investment Strategies Offered On HedgeCoVest Platform
(HedgeCo.Net) Stewart Capital Advisors, LLC, a subsidiary of S&T Bank, has teamed up with HedgeCoVest LLC to add three new institutional-quality strategies to the HedgeCoVest Managed Accounts Platform and the SMArt Xchange (‘SMArtX’), a unified managed accounts platform available exclusively […]