Topic: Hedge Fund Management
Report: Feds review hedge funds' euro trading
AP News
Report: Justice Department opens investigation into hedge funds trading of the euroThe Justice Department is looking into whether hedge funds worked together to drive down the value of the euro, according to a report Wednesday in The Wall Street Journal. The Justice Department asked hedge funds, including SAC Capital Advisors ...
SEC to beef up its NYC office in 2010
Reuters US Online Report Business News
NEW YORK (Reuters) - The Securities and Exchange Commission plans to expand its New York office by about 8 percent this year as the financial regulator focuses more heavily on catching cheaters at hedge funds and brokerages. "We have obtained the funds to do more hiring," said George Canellos, a former ...
Hedge funds pile up bearish bets on euro: report
AFP Global Edition
Several hedge funds have placed big bearish bets against the euro, with some speculating the single European unit will fall to parity with the dollar, the Wall Street Journal reported Friday. The euro, which traded at 1.51 dollars in December, was hovering at 1.3596 dollars in early London ...
Hedge fund firm being probed on kickbacks: report
Reuters US Online Report Business News
(Reuters) - U.S. authorities are probing individuals close to NIR Group on whether the U.S. hedge fund firm paid kickbacks to outsiders to inflate the value of its holdings, the Wall Street Journal said, citing people familiar with the matter. U.S. authorities have been investigating the company since ...
Related Videos by 5min
on OneRiot
Related Photos by Flickr
