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Hedge Funds

Hedge Fund Hit With $1m+ In Penalties

by ftfnews.com posted 3months ago 25 views
A New York federal court has ordered Algointeractive Inc. a hedge fund, and its two co-founders to pay more than $1 million in civil monetary penalties and restitution to resolve an enforcement action brought in April 2018 by the U.S. Commodity Futures Trading Commission (CFTC), charging them with fraudulent solicitation and misappropriation of funds, among […]

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