Hedge Fund Focus

SEC Charges Madoff Auditors With Fraud
FOR IMMEDIATE RELEASE
2009-60
Washington, D.C., March 18, 2009 — The Securities and Exchange Commission today charged the auditors of Bernard Madoff’s broker-dealer firm with committing securities fraud by representing that they had conducted legitimate audits, when in fact they had not.
In its complaint filed in federal court in Manhattan, the SEC [...]

Allowing Investor Viewing Access to Brokerage Account
I have recently been talking with many hedge fund service providers about what they are seeing in the industry right now.  The following quote aptly summarizes what I have been hearing:
it’s a buyer’s market and managers need to be mindful if they are going to attract investors
Accordingly, this article [...]