North America http://www.hedgeweek.com/taxonomy/term/62/0 en Neil Pecker and Vision Financial Partners to pay USD6.5m to settle CFTC fraud charges http://www.hedgeweek.com/2017/03/22/249836/neil-pecker-and-vision-financial-partners-pay-usd65m-settle-cftc-fraud-charges <p><em><strong>Neil Pecker and his company, Vision Financial Partners, are to pay USD6.5 million to settle US CFTC charges of fraudulent solicitation and misappropriation in connection with off-exchange binary options.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/03/22/249836/neil-pecker-and-vision-financial-partners-pay-usd65m-settle-cftc-fraud-charges" target="_blank">read more</a></p> North America Wed, 22 Mar 2017 08:46:14 +0000 Emily.Perryman 249836 at http://www.hedgeweek.com DTCC’s GMEI utility awarded GLEIF accreditation http://www.hedgeweek.com/2017/03/21/249783/dtcc%E2%80%99s-gmei-utility-awarded-gleif-accreditation <p><em><strong>The Depository Trust &amp; Clearing Corporation&rsquo;s (DTCC) subsidiary operating the Global Markets Entity Identifier utility (GMEI utility) has received official accreditation from the Global Legal Entity Identifier Foundation (GLEIF).</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/03/21/249783/dtcc%E2%80%99s-gmei-utility-awarded-gleif-accreditation" target="_blank">read more</a></p> North America Tue, 21 Mar 2017 09:00:19 +0000 Emily.Perryman 249783 at http://www.hedgeweek.com CFTC extends comment period on capital requirements of swap dealers http://www.hedgeweek.com/2017/03/14/249557/cftc-extends-comment-period-capital-requirements-swap-dealers <p><em><strong>The US Commodity Futures Trading Commission (CFTC) is extending the comment period on its proposed capital requirements applicable to swap dealers and major swap participants for an additional 60 days.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/03/14/249557/cftc-extends-comment-period-capital-requirements-swap-dealers" target="_blank">read more</a></p> North America Tue, 14 Mar 2017 08:52:08 +0000 Emily.Perryman 249557 at http://www.hedgeweek.com Hedge fund industry working group to focus on data management quality http://www.hedgeweek.com/2017/03/10/249467/hedge-fund-industry-working-group-focus-data-management-quality <p><em><strong>More than 150 senior executives from across the hedge fund industry have attended the first meeting of the new Data Management Working Group for the Alternatives Industry (DMWGAI).</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/03/10/249467/hedge-fund-industry-working-group-focus-data-management-quality" target="_blank">read more</a></p> Events North America Fri, 10 Mar 2017 08:56:53 +0000 Emily.Perryman 249467 at http://www.hedgeweek.com GLAS expands trust services offering with US regulation http://www.hedgeweek.com/2017/03/02/249193/glas-expands-trust-services-offering-us-regulation <p><em><strong>Global Loan Agency Services, the UK parent of the global GLAS companies, has now received US regulatory approval and the newly chartered GLAS Trust Company will be regulated by the State of New Hampshire.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/03/02/249193/glas-expands-trust-services-offering-us-regulation" target="_blank">read more</a></p> North America Thu, 02 Mar 2017 09:13:44 +0000 Emily.Perryman 249193 at http://www.hedgeweek.com What impact will the Trump administration have on the fiduciary rule? http://www.hedgeweek.com/2017/02/21/248886/what-impact-will-trump-administration-have-fiduciary-rule <p><em>By Dan Viola, partner, Sadis &amp; Goldberg &ndash; <strong>Status of the new DOL&nbsp;fiduciary rule.&nbsp;</strong></em>The&nbsp;Department of Labor&rsquo;s (the DOL) new fiduciary ruling (the Rule) has created strife in the securities industry and has the potential to significantly impact how financial advisers and brokers will manage retirement accounts in the future.&nbsp;&nbsp;</p> <p><a href="http://www.hedgeweek.com/2017/02/21/248886/what-impact-will-trump-administration-have-fiduciary-rule" target="_blank">read more</a></p> North America Legal & Regulation Fri, 24 Feb 2017 10:55:20 +0000 mkitchen 248886 at http://www.hedgeweek.com John Oden and OCM fined USD100,00 over unlawful commodity interest pools http://www.hedgeweek.com/2017/02/10/248525/john-oden-and-ocm-fined-usd10000-over-unlawful-commodity-interest-pools <p><em><strong>John B Oden and Oden Capital Management (OCM) are to pay USD100,000 to settle CFTC charges over the unlawfully operation two commodity interest pools, Oden Currency Fund (OCF), operated by Oden, and Oden Currency Fund I (OCF I), operated by OCM.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/02/10/248525/john-oden-and-ocm-fined-usd10000-over-unlawful-commodity-interest-pools" target="_blank">read more</a></p> North America Fri, 10 Feb 2017 08:47:37 +0000 Emily.Perryman 248525 at http://www.hedgeweek.com FXCM and founders fined USD7m over forex fraud http://www.hedgeweek.com/2017/02/07/248382/fxcm-and-founders-fined-usd7m-over-forex-fraud <p><em><strong>Forex Capital Markets (FXCM), its parent company FXCM Holdings and FXCM&rsquo;s founding partners, Dror Niv and William Ahdout, are to pay a USD7 million penalty to settle CFTC charges that they defrauded retail forex customers.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/02/07/248382/fxcm-and-founders-fined-usd7m-over-forex-fraud" target="_blank">read more</a></p> North America Tue, 07 Feb 2017 09:07:45 +0000 Emily.Perryman 248382 at http://www.hedgeweek.com RBS fined USD85m for attempted manipulation of US dollar ISDAFIX benchmark swap rates http://www.hedgeweek.com/2017/02/06/248314/rbs-fined-usd85m-attempted-manipulation-us-dollar-isdafix-benchmark-swap-rates <p><em><strong>The Royal Bank of Scotland (RBS) is to pay a USD85 million civil monetary penalty to settle CFTC charges that over a five-year period from January 2007 through March 2012, through the acts of multiple traders, RBS attempted to manipulate the US Dollar International Swaps and Derivatives Association Fix (USD ISDAFIX).</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/02/06/248314/rbs-fined-usd85m-attempted-manipulation-us-dollar-isdafix-benchmark-swap-rates" target="_blank">read more</a></p> North America Mon, 06 Feb 2017 08:52:31 +0000 Emily.Perryman 248314 at http://www.hedgeweek.com CFTC issues time-limited no-action relief for swap dealers doing business in EU http://www.hedgeweek.com/2017/02/02/248234/cftc-issues-time-limited-no-action-relief-swap-dealers-doing-business-eu <p><em><strong>The US Commodity Futures Trading Commission&rsquo;s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) has issued a time-limited no-action letter for swap dealers doing business in the EU.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/02/02/248234/cftc-issues-time-limited-no-action-relief-swap-dealers-doing-business-eu" target="_blank">read more</a></p> North America Thu, 02 Feb 2017 10:09:43 +0000 Emily.Perryman 248234 at http://www.hedgeweek.com E*TRADE to pay USD280,000 to settle CFTC charges http://www.hedgeweek.com/2017/01/27/248056/etrade-pay-usd280000-settle-cftc-charges <p><em><strong>E*TRADE Securities and E*TRADE Clearing are to jointly pay a USD280,000 civil monetary penalty to settle CFTC charges over non-compliance with applicable record-keeping rules and failure implement diligent supervision.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/01/27/248056/etrade-pay-usd280000-settle-cftc-charges" target="_blank">read more</a></p> North America Fri, 27 Jan 2017 09:33:19 +0000 Emily.Perryman 248056 at http://www.hedgeweek.com CFTC general counsel Marcus to step down http://www.hedgeweek.com/2017/01/27/248054/cftc-general-counsel-marcus-step-down <p><em><strong>US Commodity Futures Trading Commission (CFTC) general counsel Jonathan L Marcus is to leave the agency.&nbsp;</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/01/27/248054/cftc-general-counsel-marcus-step-down" target="_blank">read more</a></p> North America Moves & Appointments Fri, 27 Jan 2017 09:27:25 +0000 Emily.Perryman 248054 at http://www.hedgeweek.com CFTC names J Christopher Giancarlo as acting chairman http://www.hedgeweek.com/2017/01/23/247859/cftc-names-j-christopher-giancarlo-acting-chairman <p><em><strong>Commissioner J Christopher Giancarlo has been named as acting chairman of the US Commodity Futures Trading Commission (CFTC).</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/01/23/247859/cftc-names-j-christopher-giancarlo-acting-chairman" target="_blank">read more</a></p> North America Moves & Appointments Mon, 23 Jan 2017 08:48:42 +0000 Emily.Perryman 247859 at http://www.hedgeweek.com Citigroup to pay USD25m to settle Treasury futures spoofing charges http://www.hedgeweek.com/2017/01/20/247821/citigroup-pay-usd25m-settle-treasury-futures-spoofing-charges <p><em><strong>Citigroup is to pay USD25 million to settle CFTC charges against for spoofing &ndash; bidding or offering with the intent to cancel the bid or offer before execution &mdash; in US Treasury futures markets and failed to diligently supervise the activities of its employees and agents.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/01/20/247821/citigroup-pay-usd25m-settle-treasury-futures-spoofing-charges" target="_blank">read more</a></p> North America Fri, 20 Jan 2017 08:49:53 +0000 Emily.Perryman 247821 at http://www.hedgeweek.com Enforcement director to leave CFTC http://www.hedgeweek.com/2017/01/20/247820/enforcement-director-leave-cftc <p><em><strong>US Commodity Futures Trading Commission division of enforcement director Aitan Goelman will leave the agency on 3 February 2017.</strong></em></p> <p><a href="http://www.hedgeweek.com/2017/01/20/247820/enforcement-director-leave-cftc" target="_blank">read more</a></p> North America Moves & Appointments Fri, 20 Jan 2017 08:46:44 +0000 Emily.Perryman 247820 at http://www.hedgeweek.com