Author Archives: Alex Akesson
Hedge Fund Managers: AIFMD To Be Implemented on July 22
The Alternative Investment Fund Managers Directive (the “Directive”) will be implemented on July 22, 2013 and will impact the reporting requirements of alternative investment fund managers (“AIFMs”) covered by the Directive, including hedge funds based in the European Union as well as non-EU managers, including managers based in the United States. New York hedge fund law firm Sadis & Goldberg [...]
New SEC and FINRA Updates
FrontLine Compliance reports that the SEC and FINRA have both been active over the past few months issuing new final rules and interpretive guidance on recent rule changes. For example, the following recent regulatory announcements will affect your firm’s procedures SEC Rule 15b1-6 for Broker-Dealers FINRA Rule 5123 FINRA Guidance on Rule 2111 FINRA Rule 2210 All of the new [...]
FinCEN Issues Notice and Request for Nominations to the Bank Secrecy Act Advisory Group (BSAAG)
FinCEN in inviting the public to nominate financial institutions and trade groups for membership on the Bank Secrecy Act Advisory Group (BSAAG). New members will be selected for 3-year membership terms. Nominations must be received by February 15, 2013. More information is available on FinCEN’s Web site at the following link: http://www.fincen.gov/statutes_regs/frn/pdf/Fed_Reg_Notice_re_BSAAG_Applications_S.pdf .
Advise Technologies recommends 10 Form PF tips learned from the first round of filers
While 2012 may go down in the books as the year of Form PF, it does not mark the end of Form PF — in fact, it’s only the beginning. In the next phase of the rule, advisers that manage at least $150 million RAUM in private funds will need to file either 60 or 120 days after year-end, depending [...]
Risk-AI and BarclayHedge Launch Hedge Fund App
Risk-AI and BarclayHedge have collaborated to produce the first hedge fund risk application for the iPad. The new application allows users of Risk-AI’s Transparency Analytics software to view data and analysis wherever they can use their iPad. “This application allows users to quickly research hedge fund managers and review fund information anytime and anywhere, even without Internet connectivity,” says Aleksey Matiychencko, senior [...]
Throgmorton Hires Hedge Fund Tax Specialist
Throgmorton, one of the UK’s largest hedge fund accountancy and back office service providers, has announced a major hire in Neil Oliver, formerly a senior director with Ernst & Young and a tax consultant with over 20 years’ experience advising the investment management sector. Neil will facilitate Throgmorton’s efforts to expand its client base in the hedge fund, private equity [...]
Call for Nominees – William F. Sharpe Indexing Achievement Awards
This year’s William F. Sharpe Indexing Achievement Awards presented by The Journal of Index Investing, official publication of Global Indexing & ETFs, will take place on Monday, December 3, 2012, during the networking luncheon. The industry’s contributions during the past year will be recognized with six William F. Sharpe Indexing Achievement Awards. Submit Nominations Here: http://www.imn.org/2011/etm1311/nomination_form.cfm Awards Homepage: http://www.imn.org/Conference/William-F-Sharpe-Indexing-Achievement-Awards/Home.html Global Indexing & [...]
2012 “Dirty Dozen Worst Financial Advisors in America” Announced in Beta Launch of BrokerCop.com
BrokerCop.com, a website for investors only, announced its beta launch with its 2012 List of “Dirty Dozen Worst Financial Advisors in America.” These bad brokers were not only murder on their clients’ portfolios, but these brokers also commit murder on their clients, literally, say the site’s creators. Even sick children are not immune from these crooks! BrokerCop.com’s member forums are [...]
14% Jump in New Hedge Funds with Equities Strategies
Seward & Kissel, the law firm that helped create the first hedge fund in 1949, announced its second annual study of New Hedge Funds in the U.S. The New Hedge Fund Study: 2012 Edition, has revealed that 64% of new funds covered by the study had equity or equity-related strategies, up 14% from the 2011 study. Of the 64% of new funds involved [...]