(HedgeCo.Net) The Securities and Exchange Commission has revoked the registration of New York-based investment adviser International Investment Group LLC (IIG), which the Commission recently charged with securities fraud for hiding losses in its flagship hedge fund and selling at least […]

(HedgeCo.Net) The U.S. Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against Goldman Sachs & Co. LLC for failing to make and keep certain audio recordings as required under CFTC regulations for swap dealers. The […]

(HedgeCo.Net) The Securities and Exchange Commission has amended a complaint to charge four former executives of Outcome Health, a private advertising company, with fraud in raising nearly half a billion dollars by falsely portraying the company as an overwhelming success […]

(HedgeCo.Net) The U.S. Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against BGC Financial, L.P., a futures industry voice broker and registered futures commission merchant (FCM), for numerous supervision, reporting, and recordkeeping violations spanning over […]

(HedgeCo.Net) A federal district court in New York, New York has entered a final judgment against Richard Lee, a former portfolio manager at S.A.C. Capital Advisors L.P., a former hedge fund management firm that was located in Stamford, Connecticut. The […]

(HedgeCo.Net) The Securities and Exchange Commission has filed an amended complaint against online auction portal Collectors Café and its CEO Mykalai Kontilai to add allegations that they unlawfully sought to prohibit their investors from reporting misconduct to the SEC and […]

(HedgeCo.Net) The Securities and Exchange Commission today announced that it has filed an emergency action and obtained a temporary restraining order and asset freeze against two individuals and two companies they control in connection with an alleged $6 million Ponzi […]

(HedgeCo.Net) These are exciting times for our derivatives markets. From blockchain to digital assets, innovative financial technologies are changing the way derivatives markets work. The Commodity Futures Trading Commission (CFTC) has an important role to play in determining how these […]

(HedgeCo.Net) The U.S. Commodity Futures Trading Commission has issued an order filing and settling charges against Wells Fargo Bank, N.A. for violating multiple swap dealer business conduct standards. Specifically, Wells Fargo failed to deal with a counterparty in a fair […]

(HedgeCo.Net) A federal jury in Richmond, Virginia has returned a guilty verdict against Merrill Robertson, Jr., a former football player charged with defrauding investors, including coaches he knew from his time playing football for the Fork Union Military Academy and […]

(HedgeCo.Net) The Securities and Exchange Commission has announced an award to three individuals who jointly submitted a tip alerting the agency to a well-concealed fraud targeting retail investors. The information led to a successful enforcement action. The whistleblowers, who were […]

(HedgeCo.Net) The U.S. Commodity Futures Trading Commission has announced that it filed a civil enforcement action in the U.S. District Court for the Central District of California charging Main & Prospect Capital, LLC and two California men—the firm’s president, Daniel […]