Mexico is expected to move swiftly on new hedge fund regulations following the appointment of two senior financial officials, Maria del Carmen Bonilla as deputy finance minister and Angel Cabrera as head of the National Banking Commission, according to a
A US appeals court has ordered the Securities and Exchange Commission to conduct a fresh cost-benefit analysis of its short-selling disclosure rules, handing hedge fund groups a partial win in their legal challenge against the regulator, according to a report
Turkey is preparing to let its five-month ban on short-selling stocks expire on 29 August, a move expected to boost trading activity and improve the market’s appeal to global hedge funds and institutional investors, according to a report by Reuters
Philip Falcone, the embattled hedge fund manager behind Harbinger Capital Partners, has admitted to multiple counts of market misconduct in a rare, high-profile $18m settlement with the US Securities and Exchange Commission (SEC), according to a report by Law.com.
The Financial Stability Board has called for global regulators to consider placing direct limits on hedge fund leverage and size, as part of sweeping recommendations aimed at strengthening oversight of the fast-growing non-bank financial sector, according to a report by
Denmark’s tax agency has recovered €232m from funds seized in Germany linked to Sanjay Shah, the founder of hedge fund Solo Capital and the central figure in the Cum-Ex dividend tax fraud, according to a report by Bloomberg.
The Dubai Financial Services Authority has searched the offices of hedge fund startup Magellan Capital following allegations from a former trader that a senior executive concealed investment losses and discouraged internal risk reporting, according to a report by Bloomberg.
The Securities and Exchange Commission has voluntarily dismissed with prejudice its enforcement action accusing Auctus Fund Management – a Boston-based hedge fund adviser – of operating as an unregistered securities dealer, according to a report by Bloomberg.
In a move that could significantly ease regulatory pressure on hedge funds and private equity firms, US Securities and Exchange Commission Chairman Paul Atkins has called for a reassessment of new data reporting rules, according to a report by Bloomberg.
The Managed Funds Association has called on the UK government and regulators to overhaul the Alternative Investment Fund Managers Directive regime, proposing reforms that would reduce operational burdens for hedge funds while bolstering the UK’s global competitiveness.
