Bloomberg

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INVESTING ALTERNATIVES JUL 26, 2007
FERC floats fines for Amaranth and traders

Amaranth Advisors LLC and a pair of its traders face $291 million in penalties for price manipulation, the Federal Energy Regulatory Commission said today.

INVESTING ETFS JUL 26, 2007
Vanguard creates MSCI EAFE-based ETF

The new ETF tracks the Morgan Stanley Capital International Europe, Australasia and Far East index.

INVESTING ALTERNATIVES JUL 26, 2007
Fortress closes two funds

Fortress Investment Group today closed a pair of funds with a final total of $5 billion in third-party commitments.

INVESTING ALTERNATIVES JUL 25, 2007
Hedge fund manager pleads guilty

Former hedge fund trader Mark Lenowitz pleaded guilty to profiting from inside tips allegedly leaked by a former UBS executive.

NEWS INDUSTRY NEWS JUL 25, 2007
Bear B-D takes on sales execs

Bear Stearns Broker-Dealer Services has expanded its sales and account officer teams with four new hires.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUL 25, 2007
National Insurance Act repitched

The first bipartisan House version of the National Insurance Act of 2007 was reintroduced today.

INVESTING ALTERNATIVES JUL 25, 2007
SAC considers stake sale

The $14 billion hedge fund manager run by billionaire Steven Cohen is considering selling up to 20% of itself in a private offering.

INVESTING ALTERNATIVES JUL 25, 2007
Hunter faces heat from Amaranth mess

The U.S. Commodity Futures Trading Commission today filed civil charges against Amaranth Advisors LLC and its ex-head energy trader Brian Hunter.

RETIREMENT LIFE INSURANCE AND ANNUITIES JUL 24, 2007
Insurer settles bid-rigging case for $115M

The Hartford said it has reached a $115 million settlement with three states to resolve a bid rigging and market timing case.

NEWS WIREHOUSES JUL 24, 2007
Panel awards Ex-Merrill employee $1.6M

An NASD arbitration panel ordered Merrill Lynch to pay a former employee $1.6 million after he was fired because of his ethnicity.