Federal prosecutors are casting their net ever wider as they continue to investigate the collapse of Sam Bankman-Fried’s cryptocurrency empire, with his father, brother and former colleagues, having all now been contacted, according to a report by the New York
A draft proposal from US regulator the Securities and Exchange Commission, would make it more difficult for crypto firms to operate as “qualified custodians” for hedge funds private equity firms and other institutional investors, according to a report by Bloomberg.
Hedge funds, asset managers and banks have called on the European Union to carry out a proper costing of its proposals to make market participants move their derivatives clearing business from London to mandatory accounts based in the EU, according
An Asian subsidiary of US-based hedge fund Citadel, is looking to tap into investment opportunities on the Chinese mainland having submitted an application to the country’s securities regulator to become a qualified foreign Institutional Investor (QFII). According to the China
The Managed Funds Association, a representative body for the alternative investment industry, has submitted a written response to the Financial Conduct Authority’s consultation paper on Sustainability Disclosure Requirements (SDR) and investment labels, expressing its support for the objectives but calling
European financial watchdog the European Securities and Markets Authority (ESMA) wants London-based hedge funds and asset managers to demonstrate that they have established a suitable physical presence in the European Union, according to a report by Reuters.
With the Securities & Exchange Commission proposing tighter cybersecurity requirements for hedge funds and other asset managers, Cole-Frieman & Mallon LLP, a boutique law firms serving the investment management industry, has launched a new cybersecurity law practice. Cole-Frieman & Mallon
Steve Cohen’s Point72 has been granted regulatory approval in the UK, a decade after his previous firm paid a record $1.8 billion in fines after pleading guilty to insider trading charges, according to a report by the Financial Times. The
Former FTX chief executive Sam Bankman-Fried, who pleaded not guilty to multiple federal criminal charges in Manhattan last week, has blamed failings at his hedge fund Alameda Research for the collapse of his cryptocurrency empire, according to a report by
A case against the London Metal Exchange brought by hedge fund AQR Capital Management and others that demanded phone call transcripts and meeting notes about the exchange’s decision to cancel nickel trades back in March, has been dismissed by a
