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Category Archives: Hedge Fund Regulation

Jury Acquits Rajaratnam Brother Of Hedge Fund Conspiracy Charges

New York (HedgeCo.Net) – U.S. attorney Preet Bharara lost his first hedge fund insider trading case when Rengan Rajaratnam was acquitted by a jury in New York of the charges that he was conspiring with his older brother, the imprisoned […]

NY Court Dismisses Charges Against A Hedge Fund In Market Timing Case

New York (HedgeCo.Net) – After six years of litigation, the SEC has resolved a case against defendant hedge fund manager Bruce Alpert of Gabelli Funds LLC. The Commission has agreed to dismiss its charges against Alpert. The SEC’s complaint alleged […]

Hedge Funds Ramp Up Oversight Automation In Face Of New Regulations

New York (HedgeCo.Net) – According to research from Milestone Group, 40 percent of North American asset managers feel that their current operation is unprepared to meet anticipated regulatory changes, driving a desire to increase automation. “Managers need automation, as it […]

House Passes Hedging Deregulation Bill

New York (HedgeCo.Net) – The U.S. House of Representatives yesterday passed legislation that would significantly weaken elements of the Dodd-Frank Wall Street Reform and Consumer Protection Act put into place by Obama in 2010. The bill passed by a vote […]

SAC Affiliate Settles SEC Insider Trading Charges For $600 Million

New York (HedgeCo.Net) – The US courts have approved a $600 million fine to settle SEC charges that hedge fund advisory firm CR Intrinsic Investors participated in an insider trading scheme involving a clinical trial for an Alzheimer’s drug, Reuters reports. […]

IRS Issues New Rule Regarding Hedge Fund Fees

New York (HedgeCo.Net) – The IRS is backing investors who want to change the amount of fees a hedge fund firm can charge. By issuing a new rule reducing the incentive fees assessed by hedge funds for institutional investors, the […]

Eric Holder: Credit Suisse Pleads Guilty in Felony Tax Case

New York (Hedgeco.Net) – Attorney General Eric Holder yesterday announced that the Department of Justice filed a criminal information against one of the largest wealth managers in the world. Credit Suisse AG, “has agreed to plead guilty to criminal charges […]

Andrew J. Bowden: Spreading Sunshine in Private Equity

Since the beginning of the millennium, the private equity industry’s assets under management, defined as the uncalled capital commitments plus the market value of portfolio assets, have increased year after year. With the industry-wide portfolio value increasing steadily, and dry […]

What Hedge Funds Need to Know About The May 5th FATCA Deadline

New York (HedgeCo.Net) – The Foreign Account Tax Compliance Act (FATCA), is arguably a thorn in the sides of many foreign hedge funds.  While some funds are attempting to tackle compliance flying by the seats of their pants, for others, […]

SEC Chair: 1,800 Hedge Fund Advisers Registered With SEC

New York (HedgeCo.Net) – SEC Chairman Chair Mary Jo White said that hedge fund and private equity fund managers have been charging improper fees to portfolio companies or the funds they manage. “Since the effective date of the Dodd-Frank Act, approximately […]

IBM Moves to Deliver Cyber Security to Hedge Funds

New York (HedgeCo.Net) – According to IBM’s 2014 IBM X-Force Threat Intelligence Quarterly, the financial services industry offers hackers significant potential payoff, accounting for over 20% of all security incidents. “ACE IT Solutions has partnered with IBM to provide security services that […]

Dodd-Frank Wall Street Reform To Focus On Hedge Funds

New York (HedgeCo.Net) – Reuters is reporting that because of the Dodd-Frank Wall Street Reform and Consumer Protection Act the SEC is putting together a team specifically to investigate private equity and hedge funds. The Dodd-Frank Act contains more than […]

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