SEC’s 16 Biggest Penalties Since Financial Crisis
The SEC recently released a roundup of its financial crisis enforcement actions, highlighting some of the more than 150 firms and individuals the agency has levied charges against since 2008.
Insider Trading Scandal Fells Nomura Chief
Kenichi Watanabe stepped down as head of Japan’s top investment bank over an insider trading scandal as the bank's internal investigation found a "high possibility" that more cases would emerge.
SEC, DOL Enforcement Roundup: CDO Woes, Short-Selling Brothers, Amish Fund
Recent actions by the SEC and DOL included fines of $127.5 million for a securities firm over false CDO credit ratings and $14.5 million for two short-selling brothers, along with deferred prosecution for an Amish fund.
HSBC Appoints Japanese Equity Team for New Fund
LONDON (HedgeWorld.com)--Philippe Huber, Alex de Korodi and Daniel Del?chat will launch a new Japanese equity market-neutral fund for HSBC Alternative Investments Ltd. The team will be...