Moore Capital Management Trader Arrested on Insider Trading Allegations

March 27th, 2010
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Julian Rifat, a trader at Moore Capital Management, was arrested on his 41st birthday and is accused of front-running block trades, according to Bloomberg. Front-running involves profiting from the advance knowledge of a block trade. Rifat did not conduct the illegal trades himself; instead, he fed the information to traders who then profited.

The investigation does not involve any funds managed by Moore Capital.
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For Detailed Investor Profiles on these Investors, click below:
Moore Capital Management
Related People: Greg Coffey; Henry Bedford*; Jean-Philippe Blochet; Louis Bacon
Related Entities: Moore Capital Emerging Markets; Moore Global Fixed Income; Moore Japan Restructuring; Remington Investment Strategies; Valence Capital Management
Related Article Tags: Hedge Fund Fraud and Ponzi Scheme News

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