Thanks to Hedge Fund operators getting busted by the SEC, we now all get lumped in as the quant scum that we are not

(Last Updated On: November 23, 2010)

Thanks to Hedge Fund operators getting busted by the SEC, we now all get lumped in as the quant scum that we are not

Damn a**holes that run these scum bah hedge fund, it will only be a matter of time the IRA, CRA, or even SEC will be knocking at my door:

According to Reuters, the three firms have “have faced investor outflows or seen some high profile staff departures in the past year.” In addition, the Securities and Exchange Commission fined Diamondback Capital in 2009 for making short sales.

U.S. Attorney Preet Bharara has made prosecuting insider trading a priority, calling it “a performance enhancing drug that provides the illegal ‘edge’ to outpace their rivals and make even more money.”

“Disturbingly, many of the people who are going to such lengths to obtain inside information for a trading advantage are already among the most advantaged, privileged, and wealthy insiders in modern finance,” he told the New York City Bar Association in October.
http://compliancex.typepad.com/compliancex/2010/11/three-hedge-funds-snared-in-insider-trading-investigation.html

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Hi i there My name is Bryan Downing. I am part of a company called QuantLabs.Net This is specifically a company with a high profile blog about technology, trading, financial, investment, quant, etc. It posts things on how to do job interviews with large companies like Morgan Stanley, Bloomberg, Citibank, and IBM. It also posts different unique tips and tricks on Java, C++, or C programming. It posts about different techniques in learning about Matlab and building models or strategies. There is a lot here if you are into venturing into the financial world like quant or technical analysis. It also discusses the future generation of trading and programming Specialties: C++, Java, C#, Matlab, quant, models, strategies, technical analysis, linux, windows P.S. I have been known to be the worst typist. Do not be offended by it as I like to bang stuff out and put priorty of what I do over typing. Maybe one day I can get a full time copy editor to help out. Do note I prefer videos as they are much easier to produce so check out my many video at youtube.com/quantlabs