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18 Jul 2009, 7:31 am
As Chairman Schapiro explained the change, “in investigations that require subpoena power, time is always of the essence. [read post]
The five units will be as follows: The Asset Management Unit to focus on investment advisers, investment companies, hedge funds and private equity funds; The Market Abuse Unit to focus on large-scale market abuses and complex manipulation schemes by institutional traders, market professionals and others; The Structured and New Products Unit to focus on complex derivatives and financial products, such as credit default swaps, collateralized debt obligations and other securitized… [read post]