Hedge Fund News From HedgeCo.Net


Category Archives: Hedge Fund Regulation

Hedge Funds Now Allowed to Advertise to Public

New York (HedgeCo.Net) – One year ago, the SEC adopted Title II of the Jobs Act, removing the ban on general solicitation and creating enormous opportunities for capital formation. The elimination of the ‘do not solicit’ rule allows companies with […]

Barclays Capital Pays $15 Million For Compliance Failures After Acquiring Lehman’s Advisory Business

New York (HedgeCo.Net) – Barclays Capital has agreed to pay a $15 million penalty and to undertake remedial measures after being charged by the Securities and Exchange Commission with failing to maintain an adequate internal compliance system to ensure the […]

JOBs Act: SEC Warns Hedge Funds Of Misrepresenting Themselves In Advertising

New York (HedgeCo.Net) – The SEC has warned that 13 hedge funds and their advisers have been only reporting favorable information about themselves, leaving out their losing bets in past performance when advertising under the new JOBs Act. “We plotted […]

Fitch Report On Hedge Fund Reinsurance

New York (HedgeCo.Net) – Fitch reports today that newly formed hedge fund reinsurers are unlikely to achieve an Insurer Financial Strength rating in the ‘A’ category under Fitch Ratings’ methodology. This is due to both general constraints applied to start-up […]

AIMA Updates Hedge Fund Manager Due Diligence, Adding Post-Crisis Regulatory Directives

New York (HedgeCo.Net) – Reflecting recent regulatory changes, including the Alternative Investment Fund Managers Directive (AIFMD), AIMA has updated its flagship due diligence questionnaire (DDQ) for hedge fund managers, adding over 90 questions. “While much of the post-crisis regulation has […]

California Hedge Fund Manager Gets 14 Months For “Side Pocket” Investments

New York (HedgeCo.Net) – Former Bay Area hedge fund manager and philanthropist Lawrence Goldfarb has received a sentence of over a year behind bars for concealing more than $12 million in investment proceeds that was owed to investors in his fund. In […]

Hedge Fund Omni Partners Obtains Licence Under AIFMD

New York (HedgeCo.Net) – Steve Clark’s hedge fund, Omni Partners LLP, has been authorised by the Financial Conduct Authority (“FCA”) for a licence under the Alternative Investment Fund Managers Directive (“AIFMD”). “It is Omni’s aim to be at the spearhead of […]

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. […]

Related Posts Plugin for WordPress, Blogger...