Page 520 


Compliance whistleblower awarded in excess of $1m

Blowing Whistle

The Securities and Exchange Commission has announced an award of more than a million dollars to a compliance professional who provided information that assisted the SEC in an enforcement action against the whistleblower’s company.

Flash crash arrest won't fix market flaws

Storm clouds

As more light is being shed into what led to the "flash crash" of 2010, the need for stronger market regulation becomes more apparent, Elevation Partners' co-founder Roger McNamee said Wednesday.




Barclays banker denies knowledge of Libor rigging

A Barclays investment banker said his friendship with a former employee on trial for conspiring to manipulate Libor doesn’t mean he had any knowledge of attempts by multiple traders under his supervision to rig the benchmark rate.

Facebook Like

People News: Harvard, C Suisse, Evercore

Harvard University appointed Bob Jain, global head of Credit Suisse Asset Management who is joining Millennium Management, to the board overseeing its $37bn endowment, the fourth outsider added in the last year as the fund restructures.