Pity the Rich Investing in Hedge Funds. Seriously. by Rich Smith Mar 18th 2013 5:00AM It seems unfair that ordinary people can't invest in hedge funds. And, it is unfair -- to the wealthy folks whose hedge fund investments consistently underperform the market.
Hedge Fund Agrees to Pay $600M to Settle Insider-Trading Charges by The Associated Press Mar 16th 2013 4:52PM Two affiliates of SAC Capital Advisors, the hedge fund run by billionaire Steven Cohen, will pay more than $614 million to settle insider trading settlement charges.
SEC Charges Illinois With Fraud -- and Settles Immediately by Rich Smith Mar 12th 2013 12:10PM On Monday, the Securities and Exchange Commission published a notice that simultaneously charged the state of Illinois with committing securities fraud and also settled the...
