The Securities and Exchange Commission has permanently barred Richard S. Strong, founder of Strong Capital Management, Inc.
The SEC is set to reveal its final thinking on the registration of hedge fund advisers at an open meeting in Washington on Wednesday 14 July.
Mellon HBV Alternative Strategies LLC, has surpassed USD 100 million in assets for its European Event-Driven strategy. The strategy is
In response to the market disruption of 6 May, the SEC and the Financial Industry Regulatory Authority (FINRA) are proposing new rules under which they would pause trading in certain individual stocks if the price moves 10 per cent or
NYSE Euronext has welcomed the Securities and Exchange Commission’s move to gain the agreement of exchanges and trading venues on the implementation of industry-wide single-stock circuit breakers. The adoption of this market-wide mechanism will promote investor protection and is designed
The European Energy Exchange (EEX) has been granted the Foreign Board of Trade (FBOT) status by the United States Commodity Futures Trading Commission (CFTC). This regulatory status confirms that EEX can directly admit US trading participants for trading on the
RHJ International has received approval from the Financial Services Authority to become the controller of the UK and Channel Islands private bank and wealth management group Kleinwort Benson. This is a major landmark in the organisation’s sale process as RHJ
The Association for Financial Markets in Europe (AFME) has published a new paper setting out five recommendations to deliver supervisory convergence on the regulation of crypto-assets in Europe. The paper’s recommendations are intended to encourage collaboration between regulators in Europe and
Are registered investment advisers in the US required to adopt a formal e-mail retention policy? This note from law firm Tannenbaum Helpern Syracuse & Hirschtritt LLP clarifies the matter. At the “SEC Speaks” conference sponsored by the Practising Law Institute,
Regulatory technology company, Evidology Systems, is launching a new service which combines real-time specialist legal opinion with principles-based regulations compliance software. QED (Quality and Evidence Driven), which Evidology describes as a second-generation solution, aims to simplify and optimise the process
