Tag Archives: financial-regulator


Hedge Fund Manager Goldstein Loses ‘Freedom of Speech’ Case in Massachusetts

Securities Industry News – Hedge fund manager Philip Goldstein, who successfully curbed the Securities and Exchange Commission’s attempts in 2006 to regulate hedge funds, has lost a “freedom of speech” case against the state of Massachussetts. A Massachussetts court on […]

FSA bans long-term guaranteed bonuses

Forbes – Britain’s financial regulator on Wednesday banned guaranteed banker bonuses of more than one year, as it leads a global crackdown on a culture of excessive risk-taking that has destabilised economies. The Financial Services Athourity (FSA), which has been […]

UK FSA Extends Reporting for Short-Selling Financial Stocks

Bloomberg – Hedge funds and other investors who short-sell shares in Britain’s financial companies must continue to disclose their trades, the U.K.’s financial regulator said. A reporting requirement put in place by the Financial Services Authority in January will continue […]

Soros Fund Fined $2.2 Million by Hungarian Regulator

Bloomberg – Billionaire investor George Soros’s Soros Fund Management LLC was fined 489 million forint ($2.2 million) for attempting to manipulate the share price of OTP Bank Nyrt., Hungary’s largest bank, the country’s financial regulator said. The Soros fund attempted […]

Hedge Funds Not Behind Sell-Off In Banks Say Experts

Wall Street Journal – Experts say hedge funds are not responsible for the wholesale selloff in U.K. financial stocks which saw shares in the four remaining major banks dive to record lows earlier this week and prompted renewed calls to […]

What the commentators say

guardian.co.uk – The Independent’s Jeremy Warner is not convinced and argues that the failure is entirely their own. In the Daily Telegraph, Richard Fletcher explains that though Horlick blames US regulators for their lack of oversight her clients should be […]

World’s biggest hedge fund restructures amid turmoil

Daily Telegraph – Highbridge Capital Management, which is majority owned by JP Morgan Chase and has $25bn under management, is axing 10 per cent of its New York-based staff and plans cuts in Europe and Asia. The volatility in global […]

Christine Lagarde warned Hank Paulson to bail out Lehman Brothers

Telegraph.com.UK – Sources close to Mrs Lagarde said that she had called the US Treasury Secretary – a close personal friend – well before the ailing bank’s collapse imploring him to act, but he chose not to. Lehman Brothers’ demise […]

Hedge funds plan to sue FSA over short-selling ban

Daily Telegraph – Lawyers are being galvanised on behalf of a raft of hedge funds which claim the financial watchdog has illegitimately extended its powers and caused "wide-spread capital destruction." One said: "The FSA’s remit is to maintain orderly markets […]

Hedge funds clipped by short-selling ban

Daily Telegraph – As short-selling is banned to protect Britain’s banks, Gordon Rayner names the men who have made millions from the financial crisis As 70,000 employees of HBOS wonder which of them will still have jobs this time next […]

Stanley Fink plots comeback with Lord Levy in hedge fund venture

Daily Telegraph – Stanley Fink, the former boss of Man Group, who became one of the City’s best-known financiers, is teaming up with Lord "Cashpoint" Levy to make a spectacular comeback to the hedge fund industry he quit last year. […]

Cerberus offloads MFI stake to restructuring specialist

Daily Telegraph – Cerberus, the American hedge fund, has sold its stake in Merchant Equity Partners, the owner of the MFI furniture chain, to Hilco and Goldman Sachs. The secretive investment firm was one of the original backers of MEP […]

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