A federal judge ordered an end to the U.S. Securities and Exchange Commission's 16-year-old lawsuit over Allen Stanford's $7.2 billion Ponzi scheme, directing the financier and two former colleagues ...
Verifying trader performance has intensified alongside the hedge fund talent war — and the knowledge that PMs inflate their ...
Overview On January 22, 2025, the US Department of Justice (DOJ) announced the indictment of seven individuals in the largest ...
San Francisco tech founder Alex Beckman and his wife, Valerie Lau, were arrested last week and charged with defrauding ...
Warren Buffet once bet $1 million that a simple S&P 500 index fund would outperform a basket of hedge funds—and he was right!
Billionaire hedge fund manager Scott Bessent won Senate approval Monday to become US Treasury secretary, placing him at the ...
The indictment describes an enterprise constantly teetering on the edge of failure as the Beckmans allegedly solicited and ...
While we are still in the first week of President Donald Trump’s second term, he has made several significant moves toward ...
A report released by LCH Research got widespread coverage with the Wall Street Journal making its headline, “Hedge-Fund Fees Eat Up Half of Clients’ Profits,” and Bloo ...