Tag Archives: proposal


JPMorgan, Hedge Funds May Lose as Derivatives Proposal Advances

Bloomberg – President Barack Obama sent Congress his plan to rein in the $592 trillion over-the-counter derivatives industry, a measure that would cut into a profitable market for banks led by Goldman Sachs Group Inc. and JPMorgan Chase & Co. […]

Strong payout near resolution

Milwaukee Journal Sentinel – Five years after regulators forced the sale of Strong Funds to Wells Fargo and Co. at the height of a national mutual fund scandal, investors in 24 former Strong Funds are moving closer to receiving their […]

Investment Firms’ Donations May Be Curbed

istockAnalyst.com – The Securities and Exchange Commission unanimously endorsed the proposal amid widening investigations of so-called pay-to-play donations by private equity and hedge fund executives who jockey for lucrative fees to manage some of the more than $2.2 trillion in […]

Congress Gets Obama Hedge Fund Disclosure Bill

CNBC – The Obama administration has sent legislation to Congress that would bring hedge funds and other private pools of capital under government supervision. The proposal calls for the Securities and Exchange Commission to oversee hedge, private equity and venture […]

UK, Sweden to advocate value of hedge funds, private equity

SmartBrief – Britain and Sweden, which takes over the EU’s rotating presidency on 1 July, agreed to work together to explain to other European nations the value of private-equity firms and hedge funds. The UK is concerned that one proposal […]

Bramdean names Petersfield AM as bidder

Reuters – UK asset manager Bramdean Alternatives named Petersfield Asset Management Limited on Tuesday, as the bidder to rival the proposal by property tycoon Vincent Tchenguiz’s investment vehicle, Elsina, to oust its current board. Bramdean said in a statement that […]

Hedge fund proposal dies in legislature

Stamford Advocate – Although it had bipartisan support, a bill requiring hedge funds operating in Connecticut to disclose conflicts of interest to investors died in the House of Representatives Wednesday, the final day of the 2009 legislative session. "It ‘blew […]

Fund Managers Burned by Obama Now Say They Are Wary

Bloomberg – Hedge fund manager George Schultze says he may avoid lending to any more unionized companies after being burned by President Barack Obama in Chrysler LLC’s bankruptcy. Obama put Chrysler under court protection on April 30 after lenders balked […]

Chemed spars with hedge fund over board nominees

Reuters – Hospice-care provider Chemed Corp, which also offers plumbing services under the Roto-Rooter brand, is urging shareholders to reject a hedge fund’s proposal to nominate five dissident directors to Chemed’s board. Chemed has asked shareholders to discard proxy cards […]

Socialists warn Barroso over hedge fund regulation  

EurActiv.com – A draft EU proposal to regulate hedge funds and private equity, due to be unveiled next week, was criticised for being too weak by Socialist leaders, who branded the text a "major political mistake" ahead of European elections in June. The main issue raised by the […]

Germany calls for tougher EU hedge fund plan

Reuters – European Union proposals for the regulation of hedge funds should go further in forcing them to use more of their own capital and reflect risks on their books, German Finance Minister Peer Steinbrueck told a newspaper. "The EU […]

Obama’s toxic assets plan greeted with skepticism

Associated Press – The Obama administration’s latest plan to help banks get credit flowing again is drawing a tepid reaction from investors and academics, who say the proposal comes with too many strings attached and is unlikely to stimulate lending […]

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