Taking the inside track


Jennifer Nye, partner with Katten Muchin Rosenmann Cornish, a law firm specialising in the hedge fund sector, says panels of present or former employees of firms, and the possibility of insider trading as a result of information gleaned from them, form part of the SEC's current focus on hedge funds.

The SEC's interest - and its requests for information from a number of hedge funds that have engaged consulting firms that organise panels - stems from the New York Attorney General's subpoena of

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