US Feds scour Wall Street party circuit for finance offenders

The drinks were flowing in Miami Beach that evening when Wall Street’s top cop crashed the party.

As dealmakers crowded around the sleek circular bar at the Fontainebleau hotel in Miami last September, folks from the Securities and Exchange Commission were mingling, looking for their next big case.

Awkward, yes — but not uncommon these days. The SEC has been moving in on the Wall Street conference circuit in hopes of getting a handle on who’s up to no good in the world of finance.