The US Commodity Futures Trading Commission has filed a complaint against Arizona resident Helmut H. Weber, doing business as Weber Capital Management, charging Weber with operating a fraudulent off-exchange foreign currency scheme. The CFTC complaint, filed in the US District
EisnerAmper has launched EisnerAmper Compliance and Regulatory Services (CARS), a full-service consultancy providing outsourced compliance programmes and solutions to US and offshore investment advisers. CARS supports clients managing all asset classes including alternative (hedge funds, private equity funds, funds of
The exponential growth of Big Data will trigger a sharp rise in UK financial services firms being investigated, and potentially fined, by regulators, according to Data-as-a-Service provider Anomaly42. The warning follows a string of high-profile cases of international banks facing multi-million
The Australian Securities and Investments Commission has delayed the commencement of short seller obligations to lodge short position reports from 1 April 2010 to 1 June 2010. It has also rescheduled the commencement of ASIC obligations to publish aggregated short
The Committee of European Securities Regulators (CESR) has recommended the introduction of a pan-European disclosure regime for net short positions in shares. The recommendation was made by CESR in a report submitted to the European Institutions (Ref CESR.10/088) on Tuesday.
Representatives from the Financial Conduct Authority (FCA) provided guidance on the upcoming Annex IV reporting at a meeting sponsored by the Investment Management Association, the primary AIFM industry group in London. According to a regulatory briefing by ConceptOne, the FCA
The implementation of the Markets in Financial Instruments Directive is turning market surveillance, traditionally a cost centre, into a competitive edge, says capital markets research and advisory firm Tabb Group. According to research published by Tabb, spending by brokers and
The Managed Funds Association says it is disappointed that the Securities and Exchange Commission’s short selling restrictions are not supported by empirical data. It says most market observers agree that price declines and decreased investor confidence during the financial crisis
By Derek Adler, Director, International Financial Administration Ltd – Let me state at the outset that I am absolutely in favour and welcome good regulation, but am opposed to regulation just for the sake of it. It is quite clear
The International Organization of Securities Commissions’ Technical Committee has published details of an agreed template for the global collection of hedge fund information which it believes will assist in assessing possible systemic risks arising from the sector. The template was
