The Financial Industry Regulatory Authority (FINRA) has barred two Buffalo-based brokers – Timothy S Dembski and Walter F Grenda – from the securities industry for fraud in connection with the sale of a hedge fund, the Prestige Wealth Management Fund.
For EU and non-EU managers, the ability to choose between AIFMD or UCITS regimes to bring a regulated fund product to market with minimal fuss is a compelling one. With its unique business model, ML Capital has proven to the marketplace
The Commodity Futures Trading Commission (CFTC) has issued an Order to the Korea Exchange (KRX) permitting certain KRX Members to solicit and accept orders and in connection therewith, accept funds directly from U.S. customers for trading on KRX without having
Macro Risk Advisors (MRA), a provider of global equity derivatives strategy and trade execution for institutional investors, has expanded its sales and trading team with the addition of Jerry Hammerschmidt as an Institutional salesperson. The addition of Hammerschmidt demonstrates MRA’s
Multiple and powerful pressures are impacting the hedge fund industry, but two are particularly prominent: a dramatically increased regulatory burden, and investor demands for greater transparency and lower fees. Far-reaching and complex new rules continue to reshape the environment, from
Hawksford is now able to provide a full range of trust services to both private and corporate clients in the Cayman Islands, having secured a Trust Licence from The Cayman Islands Monetary Authority. Hawksford director Steve Robinson (pictured), who will
Incorporate the latest research advances and state-of-the-art practices in your investment business. Yale School of Management is teaming with the EDHEC-Risk Institute to deliver
Capital Support has released an new service, Cyber Secure, to meet the cybersecurity needs of alternative investment managers. Capital support says that Cyber Secure combines strong perimeter protection with live intelligent analysis to provide effective cybersecurity protection. Cyber Secure has
Global Prime Partners has appointed Sean Capstick as Head of Prime Brokerage with immediate effect. Capstick, who expects to double the size of the company’s broking business in three years, joins from RWC Partners, the USD11bn equity asset management business
For a fund jurisdiction that refers to itself as an ‘Innovation Nation’, the Bahamas continues to build its profile and popularity among global fund managers, and, it is hoped that the next stage of its evolution will be to attract
