abstract:The nickname given to the investigations of insider trading at prominent hedge and mutual funds. The investigations seem to have started in 2008.
Rengen also knows that of over 70 people charged by the Southern District of New York in OperationPerfectHedge, all have either pleaded guilty or lost at trial.
With nearly 70 people now tagged as felons in New York as a result of OperationPerfectHedge, firms need to come up with a quick list of not only what is allowed, but what is not allowed.