“Tamayo then chewed up and sometimes even ate the Post-it note or napkin to destroy evidence of the tip,” the SEC alleged.
One man’s stand against the “Unaccountable Capital Markets Death Panel.”
“I hope other exchange operators will follow my lead, I’d like to get us all together,” said Jeffrey Sprecher during a Senate Banking Committee hearing Tuesday.
“The current market structure is not fundamentally broken, let alone rigged,” SEC chair Mary Jo White said today in a speech.
Everything you need to know to understand the insider trading investigation involving Carl Icahn, Phil Mickelson, and Billy Walters over suspicious trades of Clorox.
Nelson Peltz’s giant hedge fund is currently holding a position that makes up 11% of the entire $5.8 billion fund’s portfolio, but has not had to reveal what the name of the stock is, even after the quarter’s filing deadline has passed. This isn’t the first time the SEC has allowed the fund, as well as other large managers, to withhold a major filing, and some smaller activist hedge funds are questioning the fairness of the practice.
Hedge fund manager Bill Ackman’s latest move has some praising him as a deal genius and others saying it is an example of everything wrong with corporate America, activist investing, and regulatory law.
What’s more material and non-public than overheard conversations between husband and wife.
As the U.S. confronts Putin over Crimea, federal investigators probe whether an American company enriched Russian officials.
In all kinds of weather, we’ll all stick together!
The SEC accused Brian Jorgenson, a former Microsoft employee, and his friend Sean Stokke of trading on advance knowledge of Microsoft’s earnings and relationship with Barnes & Noble in order to seed their hedge fund. The SEC says the two made $393,125 over more than a year.
A 1-loss SEC team should be in the BCS Championship Game. Here’s why.
The SEC’s new whistleblower program has only given out six awards in more than two years.
Now that SAC Capital is facing a steep penalty of nearly $2 billion, these other white collar offenders are probably counting their pennies and breathing a (slight) sigh of relief.
Potential move underscores expanding definition of “competitor” for news outlets.
According to Worth magazine.
The crowd-funding site Fundrise did not believe that investments in recently shuttered Bushwick art collective 3rd Ward were a safe bet.
Don’t take notes on a criminal f-cking conspiracy.
This isn’t based on science or sports or other dumb things. This is based on the cute factor.
As part of a settlement with the U.S. Securities and Exchange Commission, hedge fund manager Philip Falcone was banned from trading for 5 years and fined $18 million.Most significantly, and unlike in most of these types of cases, the founder of Harbinger Capital Partners was forced to admit to wrongdoing as part of the deal.
A blockbuster report that the SEC was investigating JPMorgan for its hiring practices in China lead to a big drop in the big bank’s stock price.
With IPO activity on the rise, the New York Stock Exchange has been hosting “boot camps” to whip private companies into shape for going public. Here is what they learn.
Akin Gump volunteers its lobbying services.
Federal regulators have been after SAC Capital for the better part of a decade, slowly chipping away at Steven Cohen’s empire. But will the most recent charges brought against SAC Capital by a federal grand jury finally drive Cohen out of the business of investing public money?
The Securities and Exchange Commission today voted 4 to 1 to approve three provisions of the JOBS Act that would affect hedge funds’ ability to advertise. So what does this really mean for the industry?
A gang of stock researchers uncovered fraud at China MediaExpress back in 2011.It took the SEC two more years to formally charge the company.
If you make more than 1,000 percent in trading profits right before a big announcement, the SEC might take an interest. And they might scrutinize your Facebook friend list.
The Securities and Exchange Commission’s new chief counsel is a former top legal eagle at Deutsche Bank. And one of the biggest whistle-blower cases before the agency was brought by a former Deutsche Bank employee.
Steven Cohen, the embattled manager of hedge fund SAC Capital, is weighing a move to a family office model. Is he asking for disgruntled former employees to start talking?