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The SEC has issued and settled charges against professional boxer Floyd Mayweather Jr and music producer Khaled Khaled, known as DJ Khaled, for failing to disclose payments they received for promoting investments in Initial Coin Offerings (ICOs).
These are the SEC’s first cases to charge touting violations involving ICOs.
The SEC’s orders found that Mayweather failed to disclose promotional payments from three ICO issuers, including USD100,000 from Centra Tech Inc, and that Khaled failed to disclose a USD50,000 payment from Centra Tech, which he touted on his social media accounts as a “Game changer.” Mayweather’s promotions included a message to his Twitter followers
KKR has announced a newly promoted group of 18 Managing Directors, effective 1 January 2019.
“We are thrilled to congratulate an exceptional group of senior leaders on this milestone and thank each of them for their significant contributions to maintaining our firm’s culture, integrity and success,” said Henry Kravis and George Roberts, Co-Chairmen and Co-CEOs of KKR. “Nothing pleases us more than delivering results for our portfolio companies and our investors and recognising the individuals for their part in helping KKR achieve that mission.”
The new Managing Directors at KKR are: Ali Allahbachani, Lew Breckenridge, Doug Brody, Terence Gallagher,
Refinitiv and Tradeweb Markets (Tradeweb) have renewed an agreement to make certain Tradeweb market data – including new data sets – available for exclusive redistribution through Refinitiv.
The expanded, multi-year agreement enables financial professionals to access Tradeweb data across multiple Refinitiv platforms and solutions, based on the user’s individual preferences and workflow requirements. This includes Refinitiv’s flagship financial platform, Eikon, as well as Elektron, Datascope, Refinitiv cloud-based solutions, and Tick History. The new agreement provides for the delivery of additional data sets across multiple fixed income instruments across credit, rates, money markets as well as cash and derivatives. The data
BTIG has appointed Jennifer Bloom and Rachel Lucas, Managing Directors, as Co-Heads of US Capital Introduction. Bloom and Lucas have been instrumental in building the Capital Introduction business, holding key leadership roles within the division for nearly a decade.
In their new roles, they will continue to be based out of the firm’s New York office and will report to Peter Tarrant (pictured), Head of Business Development and Global Capital Introduction at BTIG.
Bloom and Lucas will manage an active team of Capital Introduction professionals across the New York, San Francisco and Dallas regional offices. As a value-added service
Jessica Nicosia and Cian Desmond have joined Wilshire Funds Management as a Vice President and Assistant Vice President, respectively.
Nicosia will assist in developing Wilshire’s robust alternatives offering, supporting the firm’s efforts to identify and provide customised alternative investment solutions to financial intermediaries and institutions globally. Desmond joins Wilshire’s Manager Research Group, primarily focused on alternative investment strategies.
“It is with great pleasure that we welcome Jessica and Cian to Wilshire, particularly as investor interest in alternatives increases. These additions to our team are a direct reflection of the firm’s commitment to enhancing our alternatives expertise,” says Jason
RBC Global Asset Management (RBC GAM) has appointed Dave Eikenberg as Head of US Intermediary Sales.
In this new role, Eikenberg will be responsible for developing and executing RBC GAM’s sales effort toward the US Intermediate marketplace including wealth management firms, defined contribution platforms, sub-advisory, private bank, TAMPS, Bank Trust and RIAs.
Eikenberg, who is based in Boston and reports to Jeff Masom, Global Head of Institutional Distribution, has over 20 years of industry experience with a focus on leading sales teams, previously as a Senior Manager for T Rowe Price’s Retirement Solutions business. In his eight years
genesis, an international capital markets software firm, has made two senior hires following a sustained period of growth and investment.
Simon McDowell has been appointed Chief Commercial Officer and Darren Newby joins as Solutions Director, to support the company’s long term strategy.
genesis works with a wide range of financial institutions including buy-side, sell-side, execution venues and clearing houses, providing a microservices technology framework to build solutions to address the many varied and highly complex industry challenges. The firm has recently secured Series A investment of USD3 million from Illuminate Financial and Tribeca Angels.
McDowell joins from Fixnetix,
The State Street Global Investor Confidence Index decreased to 82.7 in November, down 1.7 points from October’s revised reading of 84.4.
Confidence among North American investors further weakened, with the North American ICI decreasing from 81.6 to 79.2. The European ICI had a small up-tick of 0.4 points to 91.9 while the Asia ICI increased by 2.6 points to 102.2.
The Investor Confidence Index was developed by Kenneth Froot and Paul O’Connell at State Street Associates, State Street Global Exchange’s research and advisory services business. It measures investor confidence or risk appetite quantitatively by analysing the actual buying and
BSO, an ethernet network, cloud and hosting provider, and Kaiko, a provider of institutional grade crypto currency market data, have partnered to deliver real time market data with direct connectivity to clients from connected crypto exchanges.
The first implementation will see BSO delivering a live-streaming low-latency, secure market data feed from Equinix NY4 for current investors of Gemini, the first exchange to have collocated its servers in an institutional grade data centre, which allows for a cross connect to be implemented and thereby allowing Kaiko clients to access data directly.
Gemini, founded in 2014 by Cameron and Tyler Winklevoss,