The US Commodity Futures Trading Commission (CFTC) has filed an enforcement action against MF Global Inc (MF Global), a registered futures commission merchant (FCM), MF Global Holdings Ltd (Holdings), former Chief Executive Officer of MF Global and Holdings Jon S
Hamid Parsa (pictured), Director of Sales/Business Development, Alceda Fund Management SA, assess the challenges posed by the introduction of the Key Investor Information Document (KIID)… One of the key mandatory changes under the UCITS IV directive, which comes into force
Indus Valley Partners’ IVP RAPTOR (Regulatory Analytics Portfolio Transparency Operational Reporting) has been implemented by 25 clients since its October 2012 launch. With a combined client AUM of USD200bn, IVP RAPTOR has enabled some of the world’s largest alternative
The Financial Industry Regulatory Authority (FINRA) has expelled MICG Investment Management, LLC (MICG) of Newport News, VA, and barred Jeffrey A Martinovich, the firm’s CEO and majority owner, for securities fraud, misusing investors’ funds and causing false account statements to
In an open letter of March 8, 2011 addressed to the Chair of the Economic and Monetary Affairs Committee of the European Parliament, Sharon Bowles, and Pascal Canfin, the Committee’s Rapporteur on the draft EU regulation on short selling and
Maples Fund Services has extended its regulatory reporting service to incorporate Annex IV reporting for AIFMD. The new offering will provide an interactive solution for clients to streamline their regulatory reporting workflow from the capture of data and key assumptions
Companies and financial institutions around the world have expressed strong levels of support for many of the key components of financial regulation reform proposed by governments in th
At the request of CME Clearing Europe Limited (CMECEL), pursuant to Section 7 of the Commodity Exchange Act, the Commodity Futures Trading Commission issued an Order on 13 March, 2012, vacating the registration of CMECEL as a derivatives clearing organisation.
The Securities and Exchange Commission (SEC) has charged a Bay Area hedge fund manager with concealing more than USD12 million in investment proceeds that he owed investors in his fund. The SEC alleges that Lawrence R Goldfarb of Larkspur, California,
The Securities and Exchange Commission (SEC) has charged a former analyst at an affiliate of hedge fund advisory firm SAC Capital Advisors with insider trading. The SEC alleges that Ronald N Dennis got illegal tips from two friends who were
