The SEC has issued and settled charges against professional boxer Floyd Mayweather Jr and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs). These are the SEC’s
The Swiss Federal Council has adopted an ordinance that introduces a new “recognition regime” for foreign trading venues which trade Swiss shares. The ordinance has been adopted due to the fact that the EU Commission has not yet decided
Evidence shows that Guernsey continues to meet the demands of both private equity managers and their investor base, writes Guernsey Finance chief executive Fiona Le Poidevin (pictured)… Guernsey’s pedigree as a leading funds domicile relies on its ability to continually
The Isle of Man Financial Supervision Commission has announced that Tynwald, the island’s parliament, has approved the legislative orders required to revamp the jurisdiction’s fund legisla
Alternative asset management group FM Capital Partners (FMCP), has secured a judgment against Frederic Marino, its former CEO, and former Julius Baer banker, Yoshiki Ohmura, in respect of multiple acts of fraud and corruption. The High Court judgment marks the
Carey Olsen has advised Argentum Capital on the Jersey legal aspects of its multi-million pound listing on the Channel Islands Stock Exchange, the first listing of a litigation fund on the CISX. Third-party funding is the provision of funding for
The first trade repositories need to begin European Market and Infrastructure Regulation (EMIR) reporting for all derivative counterparties in February 2014, according to the European Securities and Markets Authorities (ESMA).

 As a result, any derivative counterparty in the European Economic
The Hedge Fund Working Group, representing leading hedge fund managers based mainly in the UK, has published a consultation document that puts improved disclosure to investors at the heart
The US Commodity Futures Trading Commission (CFTC) has filed a complaint against AlphaMetrix, a Chicago-based commodity pool operator and commodity trading advisor. The complaint alleges that AlphaMetrix misappropriated funds belonging to commodity pools it operated and sent false or misleading
The US Commodity Futures Trading Commission (CFTC) has filed a civil enforcement action in the US District Court for the Southern District of New York against Donald R Wilson and his company, DRW Investments. The CFTC’s complaint charges Wilson and
