Category Archives: hedge-fund-research

Federal Court Orders Interdealer Broker to Pay $7 Million for Deceptive Trading Practices in the FX Options Markets

(HedgeCo.Net) The Commodity Futures Trading Commission today announced the U.S. District Court for the Southern District of New York entered a consent order against defendants TFS-ICAP LLC and TFS-ICAP Ltd., interdealer brokers located in New York and London, requiring them […]

BlueCrest to Pay $170 Million to Harmed Fund Investors

(HedgeCo.Net) The Securities and Exchange Commission has announced that UK-based investment adviser BlueCrest Capital Management Limited has agreed to pay $170 million to settle charges arising from inadequate disclosures, material misstatements, and misleading omissions concerning its transfer of top traders […]

SEC Issues Record $114 Million Whistleblower Award

(HedgeCo.Net) The Securities and Exchange Commission has announced an award of over $114 million to a whistleblower whose information and assistance led to the successful enforcement of SEC and related actions.  The $114 million award consists of an approximately $52 […]

SEC Adopts Modernized Regulatory Framework for Derivatives Use by Registered Funds and Business Development Companies

(HedgeCo.Net) The Securities and Exchange Commission has voted to enhance the regulatory framework for derivatives use by registered investment companies, including mutual funds (other than money market funds), exchange-traded funds (ETFs) and closed-end funds, as well as business development companies.  […]

SEC Charges Texas Company and Its Principal in Multi-Million Dollar Ponzi Scheme

(HedgeCo.Net) The Securities and Exchange Commission today has announced charges against a Texas company and its principal for unlawfully selling unregistered securities in connection with the previously charged Madison Timber Properties, LLC Ponzi scheme. The SEC’s complaint, filed in federal […]

Acquisition Advisor Charged with Insider Trading

(HedgeCo.Net) The U.S. District Court for the Central District of California entered a consent judgment against corporate deal advisor Rong Chen, who was charged by the Securities and Exchange Commission with insider trading. In September 2018, the SEC charged Chen, […]

“Investing in a New Age”

(HedgeCo.Net) The 6th Global Family Office Investment Summit hosted by the 600-year-old Ritossa Family Office and themed “Investing in a New Age” made headlines around the world June 27-29 as the “Davos of Family Offices” and most important family office […]

SEC Orders Three Investment Advisers to Pay $12 Million to Harmed Clients

(HedgeCo.Net) The Securities and Exchange Commission has announced that three investment advisers have settled charges for breaching fiduciary duties to clients and generating millions of dollars of improper fees in the process. According to the SEC’s orders, PNC Investments LLC, […]

Credit Rating Agencies Show Improvements

(HedgeCo.Net) Credit rating agencies under Securities and Exchange Commission oversight show improved compliance, increased information technology resources, and continued competition, according to two SEC staff reports released today on nationally recognized statistical rating organizations (NRSROs). “NRSROs are continuing to display […]

Pastor Charged With Exploiting Investors

(HedgeCo.Net) The Securities and Exchange Commission today announced fraud charges and an emergency asset freeze obtained against a Michigan-based pastor accused of exploiting church members, retirees, and laid-off auto workers who were misled to believe they were investing in a […]

RBC to Pay $2.5 Million for Proxy Statement Violations

(HedgeCo.Net) The Securities and Exchange Commission today announced that RBC Capital Markets LLC has agreed to a $2.5 million settlement for causing materially false and misleading disclosures about its valuation analysis in a proxy statement for Rural/Metro Corporation’s sale in […]

SEC Adopts Amendments Providing Access to Data Obtained by Security-Based Swap Data Repositories

(HedgeCo.Net) The Securities and Exchange Commission today adopted amendments to a rule that would require security-based swap data repositories to make data available to regulators and other authorities, allowing them to share information and more effectively oversee the security-based swap […]