What’s news around the hedge fund industry for Monday, Dec. 3, 2012:

Around the web

String of insider trading cases shows prosecutors casting a wider net. (DealBook)

Protections in hedge fund proposal axed: Aguilar. (MarketWatch)

Steve Cohen’s sworn testimony in old case may haunt him in new SEC probe. (New York Post)

Lawyer says trader Glenn Hadden did not manipulate market. (DealBook)

Hedge funds add 0.13% in November. (FINalternatives)

Corriente Advisors to close flagship fund. (FINalternatives)

Quant fund launches at record high. (Financial Times)

Portus co-founder Michael Mendelsohn fined for fraud. (FINalternatives)

Paul Tudor Jones’ holiday lights. (Greenwich (Conn.) Time)

Some doubt dire predictions on tax increase fallout. (NYTimes.com)

Elliott vs. Argentina: The Lego version. (Felix Salmon)

Canada’s OSC takes Ernst & Young to task on Sino-Forest. (Reuters)

Why no deal is better than a bad deal when it comes to the debt. (Esquire)

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