Bloomberg reports on the “network of Taiwanese contacts” used by Don Ching Trang Chu. Chu, you may recall, is the only person to be arrested so far in the expanding investigation into so-called expert networks and insider trading. And in case you’re wondering how this relates to you, if you’re a hedge fund and you worked with Chu, you may be getting a call yourself. From the feds.

“If I was a company insider that did business with Chu, I’d expect to be contacted by the FBI,” Stuart Slotnick, a white-collar criminal defense lawyer at Buchanan Ingersoll & Rooney PC who isn’t involved in the investigation, told Bloomberg.

OPERA fans

Thomson Reuters and Albourne Village released a list of firms and organizations comprising the working to develop the proposed templates, protocols and grades that will constitute the Open Protocol Enabling Risk Aggregation, or OPERA. They are:

Albourne Partners Limited, Brevan Howard, BT Pension Scheme Management Limited, CITCO, Credit Suisse Group AG, The D.E. Shaw Group, Goldman Sachs Group Inc., International Fund Services, Investcorp Investment Advisers Ltd., Lansdowne Partners Ltd., Morgan Stanley, Och-Ziff Capital Management, ThomsonReuters, UBS AG, Utah Retirement Systems and Weyerhaeuser Asset Management LLC are all on the list.

Around the web

Hedge Funds Short Clean Energy as Goldman Pares Stakes. (Bloomberg)

Goldman Fails to Vacate $20.1 Million Bayou Award. (Bloomberg)

Aberdeen Profit Soars As CEO Denies Gartmore Interest. (FINalternatives)

Hedging Breakdown Drives Investors To Managed Futures Funds. (WSJ.com)

Peak Ridge Seeks $30 Million in Morgan Stanley Case. (Bloomberg)

Goldman secrets trial starts. (New York Post)

Santiago Rizzo preparing to launch TMG focused Outlier Capital hedge fund. (Hedgetracker)

SAC Exec’s Wife Ticketed After Helicopter Landing. (HedgeFund.net)

People moves

MF Global hired Jon Bass as global head of institutional sales, according to a news release from the firm. In his new role, which the company recently created, Bass will try to expand MF Global’s relationships with asset managers, hedge funds, corporations, broker-dealers and financial institutions.

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