The US Commodity Futures Trading Commission has issued an order filing and simultaneously settling charges against UBS for exceeding the New York Mercantile Exchange’s position limits on certain natural gas, heating oil and platinum futures contracts on more than one
Jersey is to host a high level conference organised jointly by the US Securities and Exchange Commission (SEC) and the Jersey Financial Services Commission. The purpose of the conference is to encourage international co-operation between securities authorities in order to
The National Futures Association’s (NFA) board of directors has approved a reduction in the assessment fees it levies on futures contracts and options on futures contracts traded on behalf of public customers from USD.02 to USD.01 per side. Assuming the
The US Commodity Futures Trading Commission (CFTC) has issued a time-limited no-action letter that extends relief to swap dealers (SDs) registered with the Commission that are established under the laws of jurisdictions other than the US from certain transaction-level requirements
SS&C Technologies is now supporting 150 customers through the SS&C GlobeOp Regulatory Solutions Group, which assists funds of all types with Form PF, FATCA, AIFMD and other compliance and reporting rules. Recent additions in the first quarter of 2014 take
The Alternative Investment Management Association has warned that a provision of the Alternative Investment Fund Managers Directive that is currently being debated in Brussels is protectionist. Aima’s expression of concern comes after the publication of the most recent AIFM directive
More than 200 hedge fund offerings now comply with Ucits III guidelines, according to Hedge Fund Research, a provider of data and analysis of the hedge fund industry. The number has grown rapidly in the last 18 to 24 months,
The US Commodity Futures Trading Commission (CFTC) has issued a time-limited no-action letter that provides relief to each of the five Canadian banks that are registered with the CFTC as swap dealers. The five Canadian banks covered by the no-action
Following Argentina's agreement to resolve its USD9.7 billion in debts to Paris Club member nations within five years, American Task Force Argentina co-chairs Robert Shapiro and Ambassador Nancy Soderberg have declared their support for Argentina's pledge to act responsibly and
Lawrence J Herzing, the former controller of Contrarian Capital Management, has been sentenced to four years in prison after being found guilty of embezzling more than USD9 million from the Greenwich-based hedge fund. Herzing’s 48-month jail term will be followed
