The UK government wants to see an end to the requirement that hedge funds must publicly disclose their large short positions in company stocks, as the practice encourages copycat trades and risks short squeezes, according to a report by Bloomberg.
The UK’s financial watchdog the Financial Conduct Authority has fined broker Bastion Capital London £2.45m for facilitating over £70bn in so-called ‘cum-ex’ trades of Belgian and Danish stocks on behalf of clients of hedge fund Solo Group.
The Alternative Investment Management Association and its private credit affiliate the Alternative Credit Council say the provisional political agreement reached on the EU’s Alternative Investment Fund Managers Directive (AIFMD) Review provides regulatory stability for alternative investment industry.
Managed Funds Association has raised significant concerns about the Financial Stability Oversight Council’s Proposed Risk Analytic Framework and Nonbank Designation Guidance Proposal in a comment letter sent to FSOC.
Long-running cryptocurrency exchange Bitstamp has been registered to fully operate in the UK by the Financial Conduct Authority, bringing the number of global licenses and registrations held by the Bitstamp group to 52.
The Managed Funds Association has sent a letter to the UK Financial Conduct Authority proposing improvements to the UK regulatory framework for securitisations that it says would expand capital investment in the UK and optimise risk management on behalf of
Two investors in AMC Entertainment Holdings Inc are suing hedge fund Antara Capital LP, which holds roughly 30% of the company’s controversial APE preferred units, for the return of alleged short-swing profits, according to a report by Bloomberg.
The Securities and Exchange Commission has charged hedge fund Sabby Management LLC and its managing partner, Hal D Mintz, with fraud in connection with a “long running scheme involving misrepresentations and violations of rules for short selling and order making”.
Elliott Associates and Jane Street Global Trading’s $475 million lawsuit over the controversial cancellation of nickel trades by the London Metal Exchange in March last year, is due to get underway in a court in London today (20 June), reports
In an attempt to restore order after the removal of Odey Asset Management founder  Crispin Odey amid allegations of sexual abuse and harassment of 13 women, the Financial Conduct Authority has imposed restrictions on the movement of cash and assets
