Fraud ring prompts concerns on Wall Street
Fraud ring prompts concerns on Wall Street:The accusation that more than a dozen people were involved in a fraud ring on Wall Street illustrates why regulators and lawmakers are concerned about the Street's relationship with hedge funds. "Incidents like this strengthen the hands of those who are urging greater scrutiny of hedge-fund activities and their sources of information," said a former SEC general counsel now in private practice.
full story
hedge funds, risk, fraud, compliance, insider trading, regulation, SEC
Labels: compliance, fraud, hedge funds, insider trading, regulation, risk, SEC
posted by Victor Lloyd Smith @ 11:46 AM
0 Comments:
Post a Comment
<< Home