Category Archives: Hedge Fund Regulation
Rajaratnam Trial: The Long Odds of an Acquittal for Hedge Fund Millionaire
New York (HedgeCo.net) – After nearly seven weeks of testimony, the high-stakes insider trading trial of hedge fund manager Raj Rajaratnam has been handed to a federal jury in New York’s Southern District. Although there was no conclusion on the […]
SEC Anticipates Delay Period for Adviser Registration Changes
New York (HedgeCo.net) – The Securities and Exchange Commission seems likely to allow additional time for investment advisers to make registration changes required by the Dodd-Frank Act, according to an April 8 letter from Robert Plaze, Associate Director of the […]
Hedge Fund Court News Roundup: Rajaratnam’s Defense Strategy
New York (HedgeCo.net) – Hedge fund founder Raj Rajartatnan has spent the last four weeks listening tho the prosecution’s allegations and the case has moved on to his rebuttal. The defense called i’s first witness today in what is being calle d the largest insider […]
News Roundup: FBI Testifies Against Hedge Fund Founder
New York (HedgeCo.net) – Hedge fund manager Raj Rajaratnam is charged with 14 counts of conspiracy and securities fraud. He is accused of making $45 million in illicit profits between 2003 and March 2009 on leaked stock tips from highly […]
As Hedge Fund Jury Selected, Speculations Of Misplaced Trust Continue
New York (HedgeCo.net) – As the Sri Lankan born-American hedge fund manager charged with 14 counts of conspiracy and securities fraud awaits trial, speculation is mounting about who will be testifying against him, close friends and colleagues, among others. A […]
Guy Albert de Chimay Pleads Guilty To $7 Million Hedge Fund Scheme
New York (HedgeCo.net) – Former New York hedge fund manager, Guy Albert de Chimay, pleaded guilty this week to grand larceny and running a $7 million Ponzi scheme. He was arrested in June, 2010, in North Carolina and charged with securities […]
ALTIN Announces Hedge Fund Holdings
New York (HedgeCo.net) – ALTIN AG disclosed its entire hedge fund portfolio holdings as part of its policy of full transparency to investors initiated in 2009. The portfolio, featuring over 35 underlying hedge funds, and representing 10 investment strategies, is […]
Comment: The Alternative Investment Management Association On Hedge Fund Regulation
New York (HedgeCo.net) – The global hedge fund industry is not ‘un-regulated’ or lightly-regulated. Hedge fund managers are already rigorously regulated in all the main jurisdictions in which they operate, and significant new regulation is being introduced internationally. That’s according […]
Hedge Fund Tech Consultant Arrested After Refusing To Cooperate With FBI
New York (HedgeCo.net) – Winifred Jiau, the only technology consultant who was denied bail in last week’s Government clampdown on insider trading at hedge funds is reported to have spoken to Reuters after her arrest. Jiau says she was asked […]
Hedge Fund Tax Alert: Reporting of ‘Specified Foreign Financial Assets’
New York (HedgeCo.net) – U.S. taxpayers with ownership in foreign hedge funds, investments and assets may be affected by the Foreign Account Tax Compliance Act (“FATCA”), which was included as part of the 2010 Hiring Incentives to Restore Employment (“HIRE”) […]
Hedge Fund Regulation in Bermuda: Investment Funds Amendment Act 2010
New York (HedgeCo.net) – The Investment Funds Amendment Act 2010 was brought into force on December 22, 2010, making new provisions for the regulation of hedge funds in Bermuda. The changes are designed to strike a balance between securing appropriate […]
Hedge Fund Richie Capital Challenges Court’s Decision Against Victims Rights
New York (HedgeCo.net) – Hedge fund investment firm, Ritchie Capital Management, L.L.C., has filed a petition for a Writ of Certiorari (a formal written order seeking judicial review), asking the U.S. Supreme Court to review decisions of the Minnesota Federal District Court […]
