New York Stock Exchange Suspends Trading
Equity trading was halted at the NYSE as the biggest American share venue addressed a computer malfunction and canceled open orders.
SEC Enforcement: AlphaBridge Capital, Deloitte & Touche Charged
SEC charged a hedge fund with a fraudulent fund valuation scheme; Deloitte & Touche hit with violating auditor independence rules.
Top Portfolio Products: Wasatch Launches Frontier Fund; Westwood Seeks High Yield
New products introduced over the last week include a frontier markets fund from Wasatch and a short-duration, high-yield fund from Westwood.
A kinder, gentler hedge fund
The hedge fund, that exclusive and somewhat mysterious money-making product for the super-elite, continues its down-market push. In an effort to make alternative investments more...