Trading

This matter concerns investment adviser James Caird Asset Management LLP’s (“JCAM”) and its principal Timothy Leslie’s misleading disclosures concerning the trading overlap and allocations between ...

Engaging in a continuous pattern of fraudulent “scheme trades” to circumvent the provisions of an incentive fee structure has landed a hedge fund manager and ...

Markusen and Cope engaged in a scheme to defraud the Funds of illegitimately claimed research expenses by misrepresenting Cope as an independent research consultant so ...

Stephens Inc. will cease distributing firm-wide internal “flash” e-mails sent by its research analysts to trading personnel conveying information about companies and industries the broker-dealer ...

SEC chair Mary Jo White has said the Commission is looking to finalize this year its first-ever major update to its regulations covering alternative trading ...

The CAT is finally out of the bag. Nearly four years in the making, the SEC voted April 27 to publish for public comment a ...

The consolidated audit trail will greatly strengthen our ongoing efforts – through regulation, examination, and enforcement – to ensure that the U.S. equity markets remain ...

It is important because if the various reporting entities have clocks that are up to 50 milliseconds off, it means that the time stamp on ...

Then-Chairman Schapiro described the CAT as a “great leap forward.”[1] She was, and is, absolutely right. But our “great leap forward” is not ...

Message received. The morning of the SEC’s Compliance Outreach Program April 19 officials counted cherry-picking among current exam/enforcement focus areas. That same afternoon the Commission ...