The US Commodity Futures Trading Commission has obtained more than USD3.9m in restitution and civil monetary penalties in a federal judgment order against CSA Trading Group and Michael Derrick Peninger, both of Charleston, South Carolina, in a CFTC anti-fraud action.

The US Commodity Futures Trading Commission’s enforcement programme filed 57 enforcement actions in fiscal year 2010, 14 per cent more than in FY 2009 and 42 per cent more than in FY 2008.    The division of enforcement’s filings involve

The difference in performance over the past two years among the  various alternative investment styles is increasing the requirement for  active management of alternative po

 Bucephale Group, the independent Swiss fund of hedge funds management group, has appointed a number of personalities from academia, insurance, investment banking, asset man

Jennifer L Nye, Partner, Katten Muchin Rosenman Cornish LLP, outlines the latest SEC rules with regard to offshore hedge fund advisers. Offshore adviser reg

The US District Court for the Eastern District of New York ahas approved Securities and Exchange Commission settlements with two former Bear Stearns Asset Management portfolio managers, bringing to a close the SEC’s civil litigation against the managers. The court

A federal grand jury sitting in New Haven has returned a 19-count indictment charging three executives of New Stream Capital, a Ridgefield, Connecticut hedge fund, with conspiracy, securities fraud, and wire fraud offences. David Bryson, 44, of Ridgefield, Connecticut; Bart

The SEC has settled its civil action against Theodore Charles Sihpol III, formerly a registered representative with Banc of America Securities LLC (BAS). The Commission’s Complaint, filed in the Southern District of New York, alleges that Sihpol played a key