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Former SEC Chairman Says Bill Ackman Crossed The Line

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Mark Melin
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Former Securities and Exchange Commission chairman Harvey Pitt is taking a dim view of Bill Ackman’s current campaign to influence regulators to take action against Herbalife Ltd. (NYSE:HLF), a company Ackman’s hedge fund has shorted.

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.