Hedge Fund Focus

(http://www.hedgefundfocus.com)
Jacksonville Man Sentenced to 10 Years in Prison for Operating Ponzi Scheme Under the Guise of a Foreign Currency ‘Hedge Fund’
Defendant Defrauded Investors of More Than $23 Million in Less Than 5 Years
ATLANTA, March 31 /PRNewswire-USNewswire/ — Manyu Ogale, 44, of Jacksonville, Fla., was sentenced today by U.S. District Judge Richard W. Story to 10 [...]

(www.hedgefundlawblog.com)

Creating Series 34 Exam Prep Materials
One central issue in the investment management industry is increases in regulation of previously unregulated or lightly regulated activities.  The major area which will see direct regulation within the next 12 months is the retail off-exchange foreign currency industry.  As we have discussed, forex managers and those parties which solicit [...]