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Polar Asset joins NPS' hedge fund managers in Q3

National Pension Service (NPS) of South Korea selected Toronto-based Polar Asset Management Partners Inc. as a new mandate of hedge fund managers in the third q ....

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SEC, DOJ Charge Hedge Fund Trader in Alleged Front-Running Scheme

SEC, DOJ Charge Hedge Fund Trader in Alleged Front-Running Scheme
ai-cio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ai-cio.com Daily Mail and Mail on Sunday newspapers.

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Canadian Asset Manager Charged With $3.6 Million Scheme Frontrunning His Firm's Trades

by Tyler Durden
Friday, Jul 02, 2021 - 10:00 PM
A Canadian trader named Sean Wygovsky was charged with insider trading by a federal court in New York on Friday. Wygovsky is alleged to have reaped $3.6 million by stealing confidential information to front-run his firm s trades.
The firm wasn t identified by the government or by Bloomberg, who reported the charges on Friday.
Using the accounts of close relatives and family, he attempted to conceal his activity. The relatives and family then kicked back at least hundreds of thousands of dollars in illegal trading profits, the government alleges.
In an official DOJ release, Manhattan U.S. Attorney Audrey Strauss said: “As alleged, Sean Wygovsky illegally exploited his access to his employer firm’s yet-to-be-executed trade orders to make numerous trades in anticipation of the bump or dip the firm’s buying or selling would cause. To conceal the scheme, Wygovsky allegedly made his front running trades t ....

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Canadian trader charged by DOJ in US$3.6M front-running scheme

Canadian trader charged by DOJ in US$3.6M front-running scheme
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Home builder's fundraiser exceeds $100,000

Author of the article: Trevor Terfloth
Publishing date: Jan 12, 2021 • January 12, 2021 • 1 minute read •
The several homes under construction in The Meadows subdivision, by Maple City Homes in Chatham on Thursday is one of many indications of the building boom going on across the municipality. Ellwood Shreve/Chatham Daily News/Postmedia Network Photo by Ellwood Shreve /Ellwood Shreve/The Daily News
Article content
After a challenge from a local home builder, Chatham-Kent businesses and residents raised $107,992 to help the region’s homeless population.
Last month, Maple City Homes urged the community to come together and raise $100,000 to help various initiatives and organizations. ....

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