The Managed Funds Association is encouraging the UK Financial Conduct Authority and the UK Prudential Regulatory Authority, to enhance the UK capital markets by eliminating redundant securitisation due diligence regulations.
Florida-based hedge fund manager Michael Wayne Williams has pleaded guilty in the Southern District of Ohio to using his company as part of a Ponzi scheme that defrauded investors of millions of dollars over a number of years.
According to
US regulators including the SEC and the Financial Stability Oversight Council are considering a range of measures aimed at curbing highly leveraged trading by hedge fund firms, due to concerns over the risks posed by the practice to the wider
The US Securities and Exchange Commission has finalised new rules that mean hedge funds will now have to report significantly more information about their short-selling activities, according to a report by Bloomberg.
A new change in US Securities and Exchange Commission disclosure rules is cutting the time limit for activist hedge funds and other investors to report when they have acquired 5% or more of a company’s stock, according to a report
Proposed regulations from the Asset Management Association of China which will impact the country’s RMB6tn hedge fund industry have prompted a pushback from several funds over concerns that they will increase operational costs and lessen competitiveness, according to a report
Poor staff behaviour towards rival firms has prompted Chinese regulators to ban one of the country’s top quant funds – Shanghai Minghong Investment Management Co – from launching new investment products, according to a report by Bloomberg.
DE Shaw & Co has agreed to pay $10m to settle Securities and Exchange Commission charges that it made employees sign agreements prohibiting the disclosure of confidential corporate information to third parties, without including an exception for potential SEC whistleblowers.
Citadel is preparing to take a much harder line over the SEC’s widening Wall Street WhatsApp probe than the almost two dozen banks that have already agreed to hefty settlements during the past two years over staff use of the
Dr Robert Adelman, an ex-client of Proskauer Rose, has settled a $636m malpractice lawsuit against US law firm over his ousting from a hedge fund he co-founded, after a judge ruled the case could go to trial, according to a
