SmartStream Technologies has launched a new derivatives component for its Systematic Internaliser (SI) Registry service, to help clients meet the 15 September MiFID II deadline.
Legal & Regulation
On 31 July, 2020, the Internal Revenue Service (IRS) released proposed regulations (the Proposed Regulations) relating to the scope and applicability of Internal Revenue Code Section 1061. This alert will provide an overview of the Proposed Regulations and how they may affect hedge, private equity and other investment funds.
The Commodity Futures Trading Commission has approved an Amended Order of Registration for LedgerX to clear additional products, subject to the terms and conditions specified in the order, as a derivatives clearing organisation under the Commodity Exchange Act.
Independent depositary and fund oversight provider INDOS Financial has highlighted a series of omissions in the EU’s Alternative Investment Fund Managers Directive with the hope these will quickly be addressed by ESMA (The European Securities and Markets Authority).
The US Securities and Exchange Commission (SEC) will meet at 9am on 2 September, 2020 to vote on proposed changes to the SEC's highly successful Dodd-Frank Act whistleblower reward programme.
The Hedge Fund Association (HFA), an international nonprofit trade and nonpartisan lobbying organisation, says it applauds the US Securities and Exchange Commission's (SEC) amendments to the “accredited investor” definition.
Singapore Exchange (SGX) and Cassini Sytems are teaming up to provide SGX market participants to meet Uncleared Margin Rules (UMR) requirements.
OSL Secures 'approval in Principal' from Hong Kong SFC for virtual asset automated trading and brokerage
OSL has secured approval-in-principle for Type 1 and Type 7 licenses from the Hong Kong Securities and Futures Commission (SFC) for automated virtual asset trading and brokerage.
Huobi Asset Management (Hong Kong), the wholly-owned asset management subsidiary of Huobi Technology Holdings, has been granted with Type 4 (advising on securities) and Type 9 (asset management) licenses by the Securities and Futures Commission (SFC) to conduct the respective regulated activities.
Samtrade FX, an online trading brokerage that is committed to providing traders with safe, easy and low-cost access to Forex and Contracts for Differences (CFD) trading, has been registered and authorised as an Appointed Representative by the UK's Financial Conduct Authority (FCA).