The recent arrest of Raj Rajaratnam and rumblings of many more to come in the hedge fund area have the industry on alert.
David Seide, a partner at law firm Curtis, Mallet-Prevost, Colt & Mosle, joins Securities Docket editor Bruce Carton in the video interview below to discuss the magnitude and players involved in the Rajaratnam case, the novel use of wiretaps by prosecutors, and the impact the developments may have on the hedge fund compliance efforts.