6 Quotes by Mark Schonfeld

When it came to entering mutual-fund orders, Bear Stearns essentially handed the keys to the system over to the hedge funds.

We do have a broader concern of the misuse or leakage of information regarding large ... orders.

We've never seen before a case involving so many different attempts to obtain information illegally.

These brokers were duty-bound to keep information about large customer orders confidential and to use it to benefit the customer.

It is particularly troubling when variable annuities, which are designed for and sold to retail investors to save for retirement and purchase life insurance, are affirmatively marketed to professional market timers.

In the world of unregulated hedge funds, it can be hard to tell fact from fiction. This one was pure fiction. The defendants led lifestyles of the rich and famous at the expense of their investors.