The US Commodity Futures Trading Commission has obtained a federal court order in Santa Ana, California, against Mission Viejo-based investment firm Safevest and its owners and officers, J
The regulatory powers on both sides of the Atlantic are proposing sweeping changes to broaden oversight in the financial system.
The Hong Kong financial regulator, the Securities and Futures Commission, has announced immediate changes to its licensing procedures for fund managers serving sophisticated investors in a
German law firm Schultze & Braun, a specialist in business recovery, says it is warning its hedge fund and banking clients to ensure
The London-based Alternative Investment Management Association has expressed support for global efforts to achieve a consensus on coherent regulation for hedge funds, but continues to emph
At a meeting on Sunday, European leaders took steps toward a common position on oversight of financial markets and products, including hedge funds, and threatened to take action against ‘u
Aleksander Efrosman, the former hedge fund manager who went on the run after defrauding his clients of over USD5m, has been sentenced to 15 years in prison. Efrosman, the investment manager of Century Maxim Fund and AJR Capital, was extradited
Leading offshore law firm Maples and Calder has appointed six new associates across its key practice areas, promoted finance and capital markets specialist Stacey Overholt to the partnersh
US president-elect Barack Obama has asked Rahm Emanuel, a one-time aide in the Clinton White House, to be his chief of staff – a choice that is likely to reassure hedge fund managers, even
The US Commodity Futures Trading Commission (CFTC) has issued an order filing and simultaneously settling charges that Christopher Louis Pia of North Castle, NY, while employed as portfolio manager for Moore Capital Management, LLC (Moore Capital), attempted to manipulate the
