Hedge Fund News From HedgeCo.Net
Category Archives: Hedge Fund Regulation
Hedge Fund Survey: Smarsh Report Reveals Challenges in Oversight of Electronic Communications
New York (HedgeCo.Net) – The survey of more than 200 compliance professionals in the hedge fund industry was conducted to better understand the attitudes and current practices for electronic communication compliance. “This year’s survey findings illuminate the shifts underway related [...]
Controversial Hedge Fund Manager Charged By SEC
New York (HedgeCo.net) – The hedge fund manager who challenged the US wireless broadband connectivity system by launching a cheaper alternative has been under investigation by the SEC for alleged manipulation of bond prices and favoring certain clients over others. The SEC said that Philip [...]
More Hedge Fund Managers Buying Insurance
Finalternatives: Call it another form of hedging: the vast majority of hedge fund managers (82%) carry professional indemnity insurance, according to a new survey from Baronsmead. That total is up significantly from 2010, when it stood at 64%. The London-based [...]
US Treasury Settles with Cuba/Iran to the tune of $619 Million
New York (HedgeCo.net) – The US Treasury today announced a $619 million settlement with ING Bank N.V. to settle potential liability for apparent violations of U.S. sanctions. Today’s settlement is the largest OFAC settlement of any kind to date. The [...]
Northern Trust Hedge Fund Services Prepares Clients For New Regulation
New York (HedgeCo.net) – Due to the new shift in regulatory oversight, Northern Trust’s hedge fund administration unit, Northern Trust Hedge Fund Services LLC, has started actively working with its private fund clients to provide the data necessary for Form [...]
Law Firm Launches Blog Focused on New Regulatory Hedge Fund Developments
New York (HedgeCo.net) – - The attorneys and securities compliance consultants with hedge fund law firm of Warner Norcross & Judd LLP have launched a blog for broker-dealers, investment advisers and private investment funds. The new blog, Compliance Corner, alerts [...]
Opinion: JOBS ACT to Revolutionize Hedge Fund Marketing
By Donald A. Steinbrugge, CFA, Managing Member at Agecroft Partners, LLC. – There have been a number of recent articles that have been written about the JOBS ACT and it’s implication on the hedge fund industry. I think this could [...]
UK Hedge Fund Law Firm Opens Offices In NY And Delaware
New York (HedgeCo.net) – In light of the new hedge fund regulatory changes, London-based Stewarts Law LLP, a Top 100 law firm and the UK’s largest litigation-only firm, has today announced the launch of Stewarts Law US LLP with offices [...]
Hedge Fund Compliance: Paladyne Teams up With Advise Technologies To Handle Data
New York (HedgeCo.net) – As the first SEC deadline for private fund reporting approaches for hedge funds, Paladyne Systems has teamed up with Advise Technologies LLC to specifically support the new requirements. The new team plans to provide an interactive [...]
GenSpring Faces $57 Million Lawsuit Over Hedge Funds
New York (HedgeCo.net) – According to an arbitration claim filed by Florida law firms, Vernon Healy and Dovin Malkin & Ficke, GenSpring Family Offices failed to adequately diversify the $57 million portfolio of an ultra high net worth individuals and [...]
New Congress Act Will Allow Hedge Funds To Advertise Freely
New York (HedgeCo.net) - A new act passed by the Senate and House of Representatives is expected to be signed into law by President Obama within days. The Jumpstart Our Business Startups, known as The Jobs Act, will eliminate a longstanding [...]
