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Latest Hedge Funds & Securities News

  • Galleon Chief Attacks Government's Case Against Him 25 Nov 2009 02:51 GMT
    ... Mr. Rajaratnam said that his New York hedge fund, the Galleon Group, had based its investments ... first of many insider-trading prosecutions aimed at hedge funds. But despite persistent buzz on Wall Street, ... Mr. Rajaratnam and several others bought A.M.D. securities two months before the company announced that ...

  • Broker wrong to cover client flights, meals, 'gentleman's club' visits, regulators say 25 Nov 2009 02:33 GMT
    ... to clients, including money to cover one hedge fund manager's visits to a “gentleman's club.” All ... review its policies, the statement said. Under securities law, brokers may repay a portion of ... portion of the trading fees collected from hedge funds to the fund managers to cover certain ...

  • Lex: Overstock 24 Nov 2009 22:54 GMT
    ... to controversy, having waged a campaign against hedge funds and brokers who he says are involved ... not truth.” Perhaps, but Nasdaq and the Securities and Exchange Commission have the power here ...

  • Terra Nova fined $400,000 for improper soft dollar payments 24 Nov 2009 22:16 GMT
    ... "FINRA Fines Terra Nova Financial $400,000; Firm Made Over ... payments to or on behalf of five hedge fund managers. The regulator charged the company with ... from associating in any capacity with a securities company for 30 days and was fined ...

  • Lehman to thaw $11bn of frozen assets 24 Nov 2009 22:12 GMT
    ... are hoping to thaw $11bn (£6.6bn) of hedge fund and other investors' assets that have been ... PwC has proposed that the hundreds of hedge funds involved now take vote on the plan, ... been returned, while $11.4bn of cash and securities have been recovered from third parties on ...

  • KTA Capital Arranges an AU$6.7 Million Private Placement by Neuren Pharmaceuticals 24 Nov 2009 21:17 GMT
    ... with literally hundreds of institutional investors, including hedge funds, mutual funds, private equity funds, venture capital ... as a broker-dealer with the United States Securities and Exchange Commission and is a member ...

  • Jun Mihara Announces Launch of Asian Distressed Debt Hedge Fund 24 Nov 2009 21:12 GMT
    ... West Palm Beach (HedgeCo.net) Former Merrill Lynch banker , 45, ... discounted Japanese real estate, distressed assets, and securities backed by commercial mortgages. In particular, the ...

  • Government Sovereign Debt Spirals 24 Nov 2009 21:11 GMT
    ... later." So far, the demand for Treasury securities from investors and other governments around the ... MANAGED FUNDS. WHEN CONSIDERING ALTERNATIVE INVESTMENTS, INCLUDING HEDGE FUNDS, YOU SHOULD CONSIDER VARIOUS RISKS INCLUDING THE ...

  • Show me the returns: Missouri Schools up 10.25% 24 Nov 2009 21:10 GMT
    ... system's allocations to Treasuries and Treasury inflation-protected securities at the beginning of the financial crisis, ... private equity, 7.5% private real estate, 6% hedge funds, 4% TIPS and 2% private credit. The ...

  • Landry's shares continue to surge 24 Nov 2009 20:56 GMT
    ... reached another 52-week high Tuesday as speculation continues to ... over a move by a New York hedge fund to buy a substantial position in the ... its potential ownership stake in swaps — securities that are actually held by other institutions ...

  • Convertible debentures for Main St. 24 Nov 2009 20:48 GMT
    ... etail investor interest in convertible debentures isn’t lost on ... class that’s been a favourite of the hedge fund crowd, and developed a retail following in ... price. CIBC World Markets and RBC Dominion Securities led the transaction. Middlefield’s portfolio managers on ...

  • Galleon founder attacks wiretap 24 Nov 2009 20:42 GMT
    ... Published: November 24 2009 19:59 | Last updated: November ... Mr Rajaratnam, the founder of the Galleon hedge fund group, also said investments were made based ... were filed in response to the US Securities and Exchange Commission, which along with federal ...

  • Galleon's Rajaratnam strikes back, calls SEC tactics unconstitutional 24 Nov 2009 20:17 GMT
    ... Billionaire hedge fund manager Raj Rajaratnam had vowed to against ... the alleged inside information" and Rajaratnam's "subsequent securities transactions were consistent with those positions and ...

  • Using Bankruptcy and Capital Standards to Address Financial Institutions That Are "Too Big to Fail" 24 Nov 2009 19:56 GMT
    ... The next financial crisis could cause the entire global financial ... Board and either the FDIC or the Securities and Exchange Commission boards would need to ... of larger institutions. For instance, when the hedge fund Long Term Capital Management failed in 1998, ...

  • Rajaratnam denies insider charges 24 Nov 2009 19:54 GMT
    ... The Sri Lankan-born billionaire is the most prominent of 20 ... or civil charges in the largest U.S. hedge fund insider trading case on record and Wall ... civil lawsuit originally brought by the U.S. Securities and Exchange Commission on October 16, the ...


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