Citadel founder Ken Griffin has been added to a list of entities subpoenaed by Twitter as the social media firm looks to force Tesla founder Elon Musk to complete his $44 billion purchase of the business.
HSBC China’s local private banking clients can now invest in hedge funds through a new trust plan issued by China Resources SZITIC Trust Company, according to a report by Fund Selector Asia. Pinpoint Private Fund Management, which has has been
The trial of former Platinum Partners portfolio manager Daniel Small for fraud got underway in Brooklyn on Monday, with the jury hearing from the prosecution how the defendant was involved in a scam against one of the now defunct hedge
The Securities Industry and Financial Markets Association (SIFMA), the Investment Company Institute (ICI), and The Depository Trust & Clearing Corporation (DTCC) have published The T+1 Securities Settlement Industry Implementation Playbook. The Playbook outlines a detailed approach to identifying the implementation
A trio of federal judges in Washington have ruled against Citadel Securities in a case against the US Securities and Exchange Commission over its approval of the IEX’s D-Limit order type. According top a report by Bloomberg.
The Hong Kong Securities and Futures Commission (SFC) has reprimanded and fined KTF Capital Management Limited (KTFCM) (formerly known as Forchn International Asset Management Co Limited and Rega Technologies Limited) HKD400,000 for failures to comply with the Securities and Futures
Pershing Square Capital Management CEO Bill Ackman is backing the closure of a ‘loophole’ that allows private equity and hedge fund managers to reduce the rate of tax they pay on their fund investment profits, according to a report by
Private equity and hedge funds have raised concerns over a US government plan to raise the level of tax on carried-interest income which could be damaging for both small businesses and big institutional investors, according to a report by Reuters.
Kyle Davies and Su Zhu, founders of Three Arrows Capital, may be forced to cooperate with the liquidators of the failed crypto hedge fund, according to a report by Bloomberg. Speaking on behalf of the liquidators during a bankruptcy hearing
Troubled cryptocurrency hedge fund Three Arrows Capital’s biggest creditor has been revealed as Digital Currency Group Inc (DCG), the owner of Genesis Global Trading Inc, according to a report by The Wall Street Journal. The report cites court documents as
