The US Commodity Futures Trading Commission (CFTC) has filed a notice of intent to revoke the registrations of SAC Capital Advisors LLC and SAC Capital Advisors LP. The CFTC simultaneously issued an opinion and order accepting the offer of settlement
Guernsey’s financial services regulator approved 42 new investment funds during the second quarter of this year, bringing the total number of additions in the 12 months to the end of June to 131. Figures from the Guernsey Financial Services Commission
The trading of regional futures contracts for polypropylene and linear low density polyethylene has been launched on the London Metal Exchange.
Mourant International Finance Administration, part of the Jersey-based international legal and financial services group Mourant, has completed its 200th listing on the Channel Islands Stoc
Sal Naro, former co-managing partner of Sailfish Capital, a USD4.4 billion asset management firm with approximately USD2 billion in hedge fund assets, is launching Coherence Capital Partners LLC (Coherence Capital). Naro was most recently a shareholder in and Vice Chairman
Ramius Fund of Funds Group, manager of a range of institutional fund of hedge funds products and managed accounts, has appointed Vikas Kapoor, a former managing director at Arden Asset Man
RFA (Richard Fleischman & Associates), a technology advisor to investment management clients, has opened a London office in the heart of Mayfair. The new office will extend RFA's technology portfolio with a local presence in the UK. RFA now serves
Abacus Group, a provider of hosted IT solutions for hedge funds and private equity funds is to host Imagineer Technology Group’s Clienteer software platform in the AbacusFLEX private cloud environment. The partnership allows AbacusFLEX clients to access the Clienteer CRM
Sapient Global Markets has launched a suite of software and services to help companies meet the new requirements of the US Foreign Account Tax Compliance Act (FATCA). Designed to help firms consolidate and streamline the labour-intensive back-office identification and
The SEC has adopted revisions to rules governing the disclosure, reporting, and offering process for asset-backed securities (ABS) to enhance transparency, better protect investors and facilitate capital formation. The new rules require loan-level disclosure for certain assets, such as residential
