Vote on EU directive to regulate hedge funds again delayed (Headlines)
The European Union will again delay voting on regulation aimed at giving foreign hedge funds a single license to operate in Europe due to disagreement over the move, a senior lawmaker said on Wednesday.
Financial adviser Ira Starr charged with $30m fraud by U.S. (Headlines)
Kenneth Ira Starr, a New York investment adviser who has represented actors including Sylvester Stallone and Wesley Snipes, stole millions of dollars from heiress Rachel ??Bunny? Mellon and other clients in a scheme to buy a $7.5m apartment, prosecutors said.