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Alternative Market Briefing

Hedge fund manager George Jarkesy asks court to block SEC hearing

Thursday, January 30, 2014

Komfie Manalo, Opalesque Asia:

Hedge fund manager George Jarkesy Jr. of the Houston-based John Thomas Financial Inc. asked a Federal court in Washington on Wednesday to block the Securities and Exchange Commission from proceeding with its planned hearing against a securities fraud filed against him.

A report by BusinessWeek said Jarkesy claimed that moving forward with the SEC’s administrative proceedings would violate his rights to due process and equal protection of the law that is guaran......................

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