Sign up for free newsletter

 

Managed Funds Association supports legislation on financial fraud


US-based hedge fund industry body the Managed Funds Association has expressed its support for the announcement of new legislation by Senators Charles E. Schumer and Richard Shelby, constructed to uncover and clean up financial fraud.

Richard H. Baker, MFA president and chief executive, says: "MFA welcomes today's announcement by Senators Schumer and Shelby that they intend to introduce bipartisan legislation to add new investigators and prosecutors to top law enforcement agencies in an effort to curb financial fraud.

'MFA members support efficient markets and embrace sound business practices and standards of excellence in professional conduct. Fraud and manipulation have no place in the financial services industry, and we welcome actions that will restore investor confidence and market stability. Senators Schumer and Shelby are taking action that is not only appropriate, it is necessary.'

events
5 weeks 6 days from now - New York
6 weeks 1 hour from now - San Francisco
6 weeks 6 days from now - Los Angeles
6 weeks 6 days from now - Hong Kong
listingsdirectory
Eden Rock Capital Management
Wed, 15/06/2016 - 17:30
UBS Global Asset Management
Fri, 06/05/2016 - 14:19
RFA (Richard Fleischman & Associates)
Tue, 05/04/2016 - 14:25
training
Wed, 21/09/2016   - London
Wed, 28/09/2016   - London
Thu, 29/09/2016   - London
specialreports
other gfm publications