At a glance EU plans for regulating the hedge fund industry still carry "significant risks", warned Britain's Financial Services Authority (FSA), even though many of the stricter rules have been toned down.
A former Intel executive charged in a massive insider trading case is expected to give up his fight against the charges. Rajiv Goel is scheduled to appear Monday afternoon in Manhattan federal court. Last week, prosecutors filed papers that would pave the way for a plea. He may be joining eight others who have already pleaded guilty. Authorities call it the largest hedge fund insider trading
Early estimates indicate the Credit Suisse/Tremont Hedge Fund Index will finish up +0.17% in January .
The hedge fund industry performed well in the fourth quarter of 2009 with both positive returns and new money flowing into the funds, Fitch Ratings says.
An agreement has been reached to sell the Tampa Bay Lightning to Boston hedge fund manager Jeff Vinik, the NHL club announced Friday.
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