Jack Inglis succeeds Andrew Baker as head of hedge fund lobby group
Hedge fund giant to pay US$1.8 billion penalty
Limitations in data collection prevent definitive conclusions regarding systemic risk
Costs are creating a greater burden on smaller firms
Statement addresses investor protection and regulatory consistency
Move allows single- and multi-manager divisions to operate as distinct boutiques
SEC alleges analyst tipped details of Microsoft Yahoo negotiations
No charges were laid against the hedge fund owner, Steven Cohen
SEC alleged Rajat Gupta disclosed confidential information to hedge fund manager
Change takes effect in about 60 days