August 28, 2008
Summary:
Mark J.P. Boucher, the author of the book The Hedge Fund Edge, was involved in a hedge fund scam where he lured investors into a real-estate hedge fund which was was supposed to be secured by real property. The fund was not and investors lost millions of dollars. This underscores the necessity for [...]
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August 28, 2008
MANAGED FUNDS ASSOCIATION HIRES ROGER M. HOLLINGSWORTH AS EXECUTIVE VICE PRESIDENT AND
MANAGING DIRECTOR, GOVERNMENT RELATIONS
WASHINGTON, D.C., August 26, 2008 — Managed Funds Association (MFA), the
leading trade association of the hedge fund industry, announced today that Roger Hollingsworth has been named executive vice president and managing director, government relations, effective September 8, 2008. He will be [...]
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SEC files complaint against forex fraud
August 29, 2008Summary:
Last Wednesday the SEC filed a complaint against a forex hedge fund manager who was supposedly using a “trading robot” to generate huge returns. It turns out the forex hedge fund manager and the trading robot did not generate the outsized returns, but instead lost investor money. There are two very important items [...]