Daily Archives: May 11, 2016, 11:09 am

Blackstone Said to Hire Former SEC Official After First Penalty – Bloomberg

Blackstone Group LP is hiring a former top enforcement attorney at the U.S. Securities and Exchange Commission, months after the world’s biggest alternative-asset manager agreed to its first SEC penalty, two people with knowledge of the move said. Marshall Sprung will be a managing director and global head of compliance at New York-based Blackstone, said the people, who asked not…

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U.K. Defends Conviction Rate After $20 Million Insider-Trading Case – Bloomberg

The U.K. markets regulator says its most expensive insider-dealing prosecution paid off — even if three of the targets walked. The Financial Conduct Authority spent almost 14 million pounds ($20 million) on the four-month trial and eight-year investigation, which led to the conviction of two men Monday by a London jury. That gave the FCA five convictions out of 8 men prosecuted…

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Stop Faxing | Cady Bar the Door

The problem was the same as with all faxes: nobody wants them.  They want emails instead.  So when the firm set up an electronic faxing service, they added an extra step in the communication chain, and routed the faxes to email addresses. While they should have sent those faxes to email addresses with the firm’s domain name, thousands went to…

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