Hedge fund majors Two Sigma Investments and DE Shaw have joined a a growing Wall Street effort opposing a US Securities and Exchange Commission (SEC) proposal that could make quarterly corporate earnings reporting optional, according to a report by Reuters.
The Commodity Futures Trading Commission (CFTC) is leading an examination of a series of sharply timed trading patterns in oil futures markets that appeared shortly before recent policy shifts by President Donald Trump linked to the conflict involving Iran, according
The Securities and Exchange Commission has appointed David Woodcock, a partner at Gibson Dunn, to head its enforcement unit, according to a report by the FT. Woodcock previously led the SEC’s Fort Worth office, which faced criticism for its handling
Hong Kong is preparing a significant expansion of its carried interest framework that could materially reduce tax liabilities for hedge funds and other alternative asset managers operating in the jurisdiction, according to a report by the Financial Times.
Jonathan Simpson-Dent, chairman of Edinburgh Worldwide Investment Trust (EWIT), has criticised UK regulator the Financial Conduct Authority (FCA) for failing to act decisively against activist hedge fund campaigns, according to a report by The Times.
Point72 Asset Management and Balyasny Asset Management have barred employees from participating in prediction markets through personal accounts, according to a report by Bloomberg citing unnamed sources familiar with the policies.
Infini Capital has confirmed that its business and investment operations “remain normal” following reports that Hong Kong authorities have launched an insider trading investigation involving multiple financial firms, accordoing to a report by Reuters.
JPMorgan Chase and UBS ended prime brokerage services for Hong Kong hedge Infini Capital Management months before authorities publicly disclosed an insider trading investigation involving the firm, according to a report by the Business Times citing unnamed sources familiar with
Hong Kong regulators have launched a joint investigation into a suspected HKD315m ($40m) insider trading scheme involving senior executives at several licensed financial institutions, including a hedge fund management firm.
Hedge fund manager and Odey Asset Management founder Crispin Odey is set to contest a ban from the financial services industry and a £1.8m fine imposed by the UK regulator, with a tribunal hearing scheduled to begin this week in
