AcadiaSoft, a provider of risk and collateral management services for the non-cleared derivatives community, has joined new partnerships with collateral management consultancy firms Margin Reform and Margin Tonic.
Legal & Regulation
Law firm Morrison & Foerster has hired Leonora M Shalet as a partner at the firm’s New York office, in its global Private Funds Group.
Legal firm Sidley Austin has hired Nathan Greene and Jay Baris as partners in its Investment Funds group in New York. Greene and Baris joined Sidley from Shearman & Sterling, where they were both partners in the Investment Funds practice.
North Capital, a provider of technology and brokerage services for exempt securities offerings, is now authorised for secondary trading of unregistered securities, including digital asset securities, on its Alternative Trading System (ATS), the Public Private Execution Network (PPEX).
FuturesFX and founder to pay over USD1.7m to settle CFTC action over fraudulent forex and commodities trading scheme
FuturesFx and its Simon Jousef are to pay more than USD1.7 million in to Settle a CFTC Enforcement Action over a fraudulent forex and commodities trading scheme.
Eversheds Sutherland: Best Law Firm – The persistent low rate environment has been pushing hedge fund managers to explore more creative options when looking to launch new funds. Increasing regulatory scrutiny is prompting greater urgency on the ESG front, while cyber-security threats, Brexit and other global events continue to influence the hedge fund industry.
Argonaut Capital Partners, the London-based European equities-focused long/short manager, has hit back at recent criticism of short sellers by the new governor of the Bank of England, adding there is “no evidence” that the practice is harming the UK economy.
Hazeltree, a provider of integrated treasury management and portfolio finance solutions, and HedgeLegal, a specialist in trading document negotiation for the buy side, have published “Clearing up the Uncleared Margin Rules: A Comprehensive Guide for Hedge Fund and Asset Managers.”
By Jude Scott, Cayman Finance - Governments around the world have taken dramatic action to address the health risks caused by Covid-19, but doing so has also created a wide range of significant economic risks as well.
By Daniella Skotnicki, Harneys – The investment management industry relies on innovative and diverse strategies to create alpha and add value for investors. Whilst the benefits of gender diversity have been widely recognised, the industry, like most others, has lagged in achieving it.