Hedge Fund Awarded $64M in Merrill Dispute

``The Financial Industry Regulatory Authority ordered BofA Merrill to pay Rosen Capital Advisors $63.7 million on Tuesday, according to a FINRA document. Rosen was looking for $90 million when it filed an arbitration claim against Merrill Lynch Professional Clearing Corp. in 2009 claiming that Merrill had carried out "unexpected margin calls which caused losses in two hedge funds," both operated by Rosen. ''