Legal & Regulation

Alternative Decisions has launched a legal alerts service for the alternative investment industry using Linex Systems technology. »

Newedge Group, a provider of multi-asset brokerage and clearing, says it supports the European Commission’s legislative proposals to reform the over-the-counter derivatives market. »

Dechert’s Declan O’Sullivan and Conor Durkin outline recent changes in revenue practice under which Irish funds may obtain an exemption from the Irish Revenue Commissioners making it easier for investors to subscribe for shares/units in an Irish fund. »

Attorneys from Houston's Ahmad, Zavitsanos & Anaipakos have helped a hedge fund investor earn a ruling at the Delaware Supreme Court that will allow investors in failed hedge funds to investigate their losses as a group while coordinating potential legal actions. »

The technical committee of the International Organization of Securities Commissions has published principles designed to guide intermediaries, markets and regulators on the areas of pre-conditions for direct electronic access, information flow and adequate systems and controls. »

TerraNua, a provider of investment compliance solutions, has launched a new version of MyComplianceOffice for hedge fund and private equity firms. »

The Court of Appeal has handed down its judgment on the appeals made against Justice Briggs’ judgments in an application for directions brought by the joint administrators of Lehman Brothers International (Europe) (in administration). »

Guernsey’s government plans to give financial institutions a window from 1 January 2011 to 1 July 2011 for moving to automatic exchange of information. »

The Dodd-Frank Wall Street Reform and Consumer Protection Act will significantly change the regulatory regime governing investment advisers, particularly investment advisers to private funds, such as hedge funds and private equity funds, a report by law firm Pillsbury says. »

Law firm Pillsbury says hedge funds should be aware that substantially increasing their long positions in exchange-traded funds could result in a violation of the ownership limit set forth in the Investment Company Act of 1940. »