The Securities and Exchange Commission (SEC) has released an alert to help firms prevent and detect unauthorised trading in brokerage and advisory accounts. The Risk Alert issued by the agency’s Office of Compliance Inspections and Examinations (OCIE) notes that although
Federated Investors has hired Michael T Dieschbourg to head the company's alternatives/managed-risk investment group. Dieschbourg will serve as managing director and senior vice president and will report to Stephen F. Auth, chief investment officer for global equities. "Michael's
ELX Electronic Liquidity Exchange says it will conduct up to four pre-launch testing sessions in May.
Cani Financial Advisors, a Florida-based provider of quantitative trading technology and alternative asset management, has appointed Daniel Lyle as director of sales and marketing, based i
The US Securities and Exchange Commission has submitted to judge Louis L. Stanton, a federal judge in the Southern District of New York, the consent of Bernard L.
The Hennessee Hedge Fund Index increased by 2.45 per cent in May and is up by 7.86 per cent for the first five months of 2007, according to Hennessee Group, a registered adviser to hedge f
Spring Mountain Capital, LP (SMC), an investment management firm that focuses on alternative asset investing, has established a High Yield and Distressed Municipal Strategies Group. The firm has also hired high yield and distressed municipal bonds specialists Garey M Fuqua,
The first trading transaction in Italian power futures has been registered on the European Energy Exchange (EEX) for clearing via the European Commodity Clearing (ECC). The trade with a volume of 7,200 megawatt hours and a price of EUR62.25 per
Regulatory reporting specialist KNEIP has promoted Stephanie Noel to head of operations and as a member of the executive board. As part of her new role, Noel will be responsible for KNEIP’s Regulatory Reporting product, which helps fund managers to
The US Commodity Futures Trading Commission (CFTC) has filed a federal civil enforcement action charging Alexander Giap (Giap) of Annandale, Va, with fraud by acting as an unregistered commodity trading advisor (CTA) and operating two separate fraudulent schemes involving commodity
