The US Commodity Futures Trading Commission (CFTC) has fined Morgan Stanley Smith Barney, a CFTC-registered futures commission merchant, for improper supervision and records violations. The CFTC order requires Morgan Stanley to pay a USD280,000 civil monetary penalty and to disgorge
CME Group, the world’s leading and most diverse derivatives marketplace, and Oman Investment Fund, a sovereign wealth fund of the Sultanate of Oman, are to increase their investments in the Dubai Mercantile Exchange to enable it to continue growing its
The Alternative Investment Management Association (AIMA), the global hedge fund association, has expressed concerns over how the Alternative Investment Fund Managers Directive (AIFMD) would apply to non-EU managers and funds under proposals by a task force of the European Securities
London-based hedge fund manager GLG Partners, which has just announced plans to obtain a US stock market listing through a reverse takeover, has agreed to pay more than USD3.2bn to settle
Market research firm YouGov, stockbroker Numis Corporation and specialist asset manager Four Capital Partners have announced an initial target of up to GBP25m for the launch of a research-
C8Software has developed a presentation and reporting tool for investment professionals called Consolid8. Managing Director Rob Gray (photo) says: ‘Client service directors will benefit from being able to create and present pixel-perfect custom reports for their clients, while chief operating
Fund of hedge funds manager Ermitage Group has announced the appointment of John Rushen as an executive director with responsibility for managing Ermitage’s European institutional business
The International Centre for Financial Regulation has announced the appointment of Michel Prada as non-executive director to board of directors of the ICFR with immediate effect.
Fund of funds specialist Titan Advisors has appointed Herman Laret, formerly of Credit Suisse, as a senior research analyst for the firm's manager research global macro team. "Herman is a powerful addition to the firm's research team," says Tom Holliday,
Brownstone Investment Group, a fixed income investment firm, has expanded its municipal trading and electronic market making units with the hiring of Matthew Martines as managing director. Martines joins Paul Sitarz, a seasoned muni expert with more than 30 years
