The US Commodity Futures Trading Commission (CFTC) has issued a time-limited no-action letter it will not take enforcement action against Clearing Corporation of India Ltd (CCIL) for failing to register as a derivatives clearing organisation (DCO). The no-action relief is
The US Commodity Futures Trading Commission has charged Daren L.
The Securities and Exchange Commission has obtained an emergency court order freezing the assets of Newport Beach, California-based investment manager Danny Pang and his two companies f
The SEC’s second annual staff report on the use of data collected from private fund systemic risk summarises how the data received from Form PF filers is used to protect investors and the integrity of the markets. According to ConceptOne,
The Securities and Exchange Commission (SEC) has charged Steven L Hamilton and Verde Retirement LLC, Verde FX Nevada, LLC, Covenant Capital Partners with securities fraud for defrauding at least 23 investors out of USD1.6 million in a series of Ponzi
US-based hedge fund industry body the Managed Funds Association has expressed its support for the announcement of new legislation by Senators Charles E.
The US Commodity Futures Trading Commission has filed an enforcement action against Zurich Futures & Options and Michele LaBruce, both of Hollywood, Florida.
Philip A Falcone and his advisory firm Harbinger Capital Partners have agreed to pay USD18 million in disgorgement and penalties after admitting wrongdoing in a case brought by the US SEC. The final judgement handed down by the Honourable Paul
The US Commodity Futures Trading Commission has obtained a federal court order freezing the assets of an Illinois commodity pool operator, Brookshire Raw Materials Management, and its p
The US Court of Appeals for the First Circuit has entered an order dismissing the appeal of Leila C Jenkins, the principal of Rhode Island-based investment adviser Locke Capital Management. Jenkins had appealed a 30 June, 2011 decision by a
