November 15, 2009
By Bart Mallon, Esq. (www.mallonpc.com)
High Profile Case Highlights Issues for Hedge Fund Managers to Consider
Insider trading is now an operational issue for hedge fund managers. The high profile insider trading case involving RR and the Galleon hedge fund has put the spotlight directly on hedge funds again and has also sparked a debate of sorts [...]
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November 15, 2009
In light of the recent focus on insider trading, we are publishing the SEC’s discussion on Insider Trading which can also be found here. The information below contains a broad overview of some of the important aspects which hedge fund managers should understand about the insider trading prohibitions.
For a greater background discussion on the legal [...]
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Hedge Fund Analyst Fined for Insider PIPE Trading
October 21, 2008According to a SEC litigation release, a hedge fund analyst was fined $317,000 for engaging in insider trading with regard to a PIPE investment. PIPE transactions are subject to close scrutiny from the SEC. In this instance the fund which the analyst worked for established a short position in a company which was completing a [...]