Supreme Court rules against relative tipping in insider trading case
The US Supreme Court ruled Tuesday in favor of the prosecution in an insider trading case involving the gifting of confidential information to a relative. Last year the US Court of Appeals for the Ninth...
US House committee agrees to release information for SEC insider trading investigation
The US Securities and Exchange Commission (SEC) and the House of Representatives Ways and Means Committee , as well as an ex-staff member, reached an agreement to provide requested material to the SEC in relation to an...
The US Securities and Exchange Commission (SEC) set new rules on Thursday establishing new liquidation risk management rules for mutual funds and exchange-traded funds (ETF). The industry will now be required to establish...
Hedge fund firm Och-Ziff to pay $412 million in criminal penalty and damages
Hedge fund manager Och-Ziff Capital Management Group LLC (Och-Ziff) has agreed to pay a $412 million settlement, of which up to $213 million are criminal penalties imposed in connection with a widespread scheme involving the...
