CME Group has fined two hedge fund traders and suspended one of them from accessing its markets after a disciplinary panel found that they had engaged in trading practices that resulted in advantageous allocations of futures contracts.
Turkey’s capital markets regulator has introduced tighter restrictions on hedge funds, limiting their exposure to individual stocks and related-party securities as authorities seek to address concerns over market manipulation and unusually strong returns, according to a report by Bloomberg.
US regulators have postponed the implementation of expanded hedge fund reporting requirements for a fourth time, giving private fund managers more time before they must comply with additional Form PF disclosures, according to a report by Bloomberg.
The US Securities and Exchange Commission has issued subpoenas to several Wall Street banks that worked with AI-focused hedge fund Situational Awareness, seeking information about its trading activity and use of leverage before its near-collapse last month, according to a
The former chief financial officer of a Miami Beach-based hedge fund has pleaded guilty to securities fraud after admitting to stealing more than $3m from his employer over a four-year period, accorfing to a report by Bloomberg.
Justin Ryan Schmidt, co-founder of cryptocurrency-focused hedge fund Translunar Crypto LP, has been sentenced to 37 months in prison after admitting to a scheme to evade millions of dollars in US taxes following his renunciation of US citizenship, according to
India’s securities regulator is considering allowing professional portfolio managers to take unhedged short positions in equity derivatives for the first time, potentially giving money managers greater flexibility to profit from falling share prices, according to a report by Bloomberg.
Chinese regulators appear to be preparing new rules for quantitative trading firms and the use of artificial intelligence in financial markets after recent losses exposed the risks of crowded technology-driven trades, according to a report by Bloomberg.
The US Treasury has warned hedge funds and other investment managers that it will scrutinise increasingly popular strategies designed to generate tax benefits for wealthy investors, saying it will not ignore aggressive tax planning, according to a report by
Japan’s ruling Liberal Democratic Party (LDP) has raised concerns over the potential for activist investors and PE firms to coordinate in take-private transactions, signalling possible regulatory changes that could reshape the country’s increasingly active shareholder engagement market, according to a
