A recently announced SEC investigation into hedge fund fraud reads like a high-concept movie synopsis that is a cross between “The Wolf of Wall Street” and “The Producers.” Only this time it’s Wall Street investors who are allegedly being duped, not backers of a Broadway production. The regulator is charging that Moazzam “Mark” Malik has… Read More >>
Bracing for SEC Exams of Hedge Funds
If they haven’t already, SEC-registered hedge funds will have to huddle with their lawyers, compliance officers and other key staffers over another regulatory headache—SEC exams via the National Exam Program (NEP). The news came last week in a letter from Drew Bowden, the acting national associate director overseeing investment advisers for the Office of Compliance… Read More >>
