Millennium Partners has found itself at the center of an
insider trading investigation by the Securities and Exchange
Commission - a familiar yet unpleasant position for the firm,
which has successfully distanced itself from a past regulatory
The SEC said this week that it is conducting at least 50
investigations involving derivatives and is pursuing some 150
cases that involve hedge funds.
The regulator is investigating allegations that former
Millennium Partners fund manager Renato Negrin used insider
information about a bond offering from...