A federal court in New York has entered orders against Kevin P Whylie of Ozone Park, New York, Matthew James Zecchini of East Islip, New York, and the New York hedge fund they co-founded, Algointeractive, to pay more than USD1
The Managed Funds Association (MFA) has written to both the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) proposing a ‘harmonized approach to the regulation of firms that are SEC-registered investment advisers (RIAs) and also CFTC-registered
The US Commodity Futures Trading Commission has filed an enforcement action charging Phillip Milton of Palm Beach Gardens, Florida, Gregory Center of McLean, Virginia, William Center of Richmond, Virgina, and their Florida-based company Trade with operating a Ponzi scheme involving
Carl Icahn has reportedly sued hedge fund Perry Corp.
US legal firm Bryan Cave provides a summary of the final SEC rules covering the registration of hedge fund advisers in the USA. On December 2, 2004, the Securities
The Securities and Futures Commission (SFC) plans to make it easier for hedge fund start-ups to set up in Hong Kong. According to executive Director Alexa Lam, proposed changes include strea
AIMA filed a Submission yesterday on behalf of its members with regard to the Securities and Exchange Commission’s (SEC) registration proposals. The SEC’s proposed
The US Commodity Futures Trading Commission’s division of clearing and intermediary oversight has published an advisory clarifying the extent to which certain sophisticated customers located in the US may transact in foreign security futures products. The advisory is intended to
The SEC has filed an emergency enforcement action against Angelo Haligiannis and Sterling Watters Group LP, a hedge fund. The SEC has included the fund’s general partners, Sterling Watters C
The two key industry associations, London-based AIMA and Washington based MFA, voiced strong concerns on the SEC’s registration proposals. The Washington-based Managed Funds Association (MFA
