Daily Archives: January 4, 2017, 2:12 pm

No One Questioned This Hedge Fund’s Madoff-Like Returns – Bloomberg

But until Murray Huberfeld, who founded Platinum with Nordlicht, was caught up in a New York City municipal-corruption probe in June, no one at the fund had been charged with wrongdoing. Within weeks of Huberfeld’s arrest, federal agents raided Platinum’s midtown Manhattan office. On Dec. 19, Nordlicht and six others were arrested in what the government called a $1 billion fraud.…

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Sullivan lawyer Jay Clayton seen as Trump’s top choice for SEC — Reuters

Wall Street lawyer Jay Clayton, who has worked on high-profile initial public offerings such as Alibaba, is a leading candidate to head the U.S. Securities and Exchange Commission in the Trump administration, two sources familiar with the matter said on Tuesday. Clayton is a partner at Sullivan & Cromwell who specializes in public and private mergers and offerings, an area…

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