Hedge funds with significant exposure to US Treasury (UST) trades are seeking an exemption from the US Securities and Exchange Commission (SEC) that would enable them to clear repo trades through their own affiliated clearing entities, according to a report
Dubai is considering sweeping regulatory changes aimed at strengthening its position as a global hub for hedge funds, with the emirate’s financial watchdog reviewing key policies to reduce barriers for money managers, according to a report by Bloomberg.
UK regulator the Financial Conduct Authority has fined the London Metal Exchange £9.2m ($11.9) over its mishandling of the 2022 nickel crisis, marking the first-ever enforcement action against a UK exchange.
Jefferies Strategic Investments and Leucadia Asset Management Holdings have won a major legal victory against George Weiss, after a federal judge ruled that the hedge fund founder is personally liable for millions in unpaid debts tied to the collapse of
The UK’s Financial Conduct Authority is set to ban Crispin Odey from the financial services sector and fine the hedge fund founder £1.8m over a “lack of integrity” in his handling of misconduct allegations, according to a report by the
The Managed Funds Association (MFA) has called on the US Securities and Exchange Commission (SEC) to reform or rescind key regulations introduced over the past four years, citing excessive costs and operational burdens for private fund managers, according to a
The US Securities and Exchange Commission has filed to dismiss its lawsuit against Silver Point Capital, which accused the hedge fund of failing to prevent a consultant from sharing confidential information with its trading arm, according to a report by
Both the MFA and AIMA — representing some of the world’s top hedge funds — have hit back against plans by global regulators to restrict the use of borrowing to finance trades, which the investors say has been wrongly blamed
US President Donald Trump has proposed a significant tax reform targeting the carried interest tax break, which has historically provided substantial financial benefits to hedge fund managers, according to a report by Nasdaq.com.
The UK’s Financial Conduct Authority has closed its investigation into the infamous “cum-ex” dividend tax fraud, issuing its final fine stemming from the case to trading firm Mako Financial Markets, according to a report by Reuters.
