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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
- Massachusetts Jury Convicts CA Attorney of Securities Fraud
- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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Hedgie Who Beat Insider Trading Conviction Launches $16M Fund
Remember Anthony Chiasson? He and former Diamondback Capital portfolio manager Todd Newman were found guilty of insider trading by a federal court jury in December 2012, only to have those convictions overturned by an appeals court. The Supreme Court refused to hear Uncle Sam’s appeal.
Well, he just raised $15.7 million for his new hedge fund, Aurmedis Global Investors. Aurmedis is the Chiasson’s 2nd hedge fund – he ran Level Global from 2003 until it was closed in 2011, following an FBI raid tied to the insider trading probe.
Aurmedis had been registered with the SEC, but was only managing private funds, which are not subject to the same disclosure rules as hedge funds.The new fund’s name is a portmanteau of the Latin words for “gold” and “mean,” representing “golden mean.”