The Securities and Exchange Commission has charged Michael Steinberg, a portfolio manager at New York-based hedge fund advisory firm Sigma Capital Management, with trading on inside information ahead of quarterly earnings announcements by Dell and Nvidia Corporation. The SEC
Legal-Bay, a US lawsuit settlement funding firm for BP Gulf of Mexico oil spill plaintiffs, has been in talks with several foreign institutional hedge fund investors as well as traditional banks to raise more funding capital. Legal-Bay previously announced
The Commodity Futures Trading Commission (CFTC) has issued a proposal to streamline regulations for swap dealers by simplifying overly complex notification provisions and reducing certain intricate and prescriptive requirements that have been found to provide little or no benefit. In
Harcourt Investment Consulting AG, the Zurich-based fund of hedge funds, today launches a seeding vehicle called Belmont Early Stage Ltd.
In this interview Ian Cadby outlines how Liberty Ermitage doubled its assets under management in funds of hedge funds to over US$1 billion over the past year, and is now exp
The National Futures Association (NFA) has permanently barred Arjent Capital Advisors LLC (ACA), a commodity pool operator, and Chicago Trading Managers LLC (CTM), a commodity pool operator and commodity trading advisor, located in Boulder, Colorado. NFA also barred Spencer K
The Securities and Exchange Commission (SEC) has obtained an asset freeze against a Massachusetts-based investment adviser charged with stealing money from clients who were given the false impression they were investing in a hedge fund. In a complaint unsealed
The Depository Trust & Clearing Corporation (DTCC) has expressed support for legislation that would resolve issues surrounding the indemnification provisions and confidentiality requirements of the Dodd-Frank Act to ensure regulators continue to have access to a global set of over-the-counter
The US Commodity Futures Trading Commission (CFTC) has obtained federal court orders for more than USD3.5m in restitution and civil monetary penalties against Nicholas Trimble and his companies, Capstone FX Quantitative Analysis and Beekeepers Fund Capital Management. The orders relate
Channel Islands (Jersey)-based Liberty Ermitage has launched a European hedge fund seeding vehicle called the Strategic Partners Fund.The new Strategic Partners
