NASD's PIPEs investigation snares manager

Thu Dec 22, 2005



The National Association of Securities Dealers said on Tuesday that it has permanently barred John F. Mangan, Jr., a hedge fund manager and former broker at Friedman Billings Ramsey Group, from working in the brokerage business.

Mangan, who once managed a group of proprietary FBR hedge funds and was most recently running hedge fund firm Mangan & McColl Partners, will also pay a $125,000 fine to settle...

ISSN: 2151-1845 / CDC10004H

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