The Securities and Exchange Commission (SEC) has adopted the first of a series of rules and guidance on cross-border security-based swap activities for market participants.  The new rules will be key to finalising the remaining proposals.    The rules and

Barclays has been charged with fraud over the marketing and operation of its dark pool and other aspects of its electronic trading division. The complaint alleges Barclays has dramatically increased the market share of its dark pool through a series

The US Commodity Futures Trading Commission’s (CFTC) Division of Clearing and Risk (DCR) has issued a further extension of time-limited no-action relief to LCH.Clearnet Limited. In the extension of CFTC Letter 13-52, DCR states that it will not recommend that

The Securities and Exchange Commission (SEC) has charged a Florida-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors.  The firm’s founder and another individual later pocketed some of the

Opportunities abound for the global asset management industry as the shrinking of the banking sector has thrust asset management to the heart of global capital flows and the pace of regulatory change is starting to ease off, according to a

The Corporate Governance Code set up by the Gibraltar Funds & Investments Association (GFIA) has been adopted into the regulatory process adopted by the Financial Services Commission (FSC).  Joanne Beiso, head of the funds division at the FSC, says: “The

Maitland has received approval from the Luxembourg regulator (CSSF Luxembourg) for its Alternative Investment Fund Manager Directive (AIFMD) compliant management company and specialised investment fund. Together, they provide fund managers with a solution to the regulatory and supervisory burden associated with