Tag Archives: department-of-finance
EU hedge-fund rules will lead to IFSC exodus, Dail warned
Independent – A new EU directive aimed at tightening up the regulation of hedge funds could be counter-productive and cause a mass exodus of business from the International Financial Services Centre, a Dail committee was told yesterday. The directive, being […]
Prominent NY law firm to seek bankruptcy
KWCH.com – A prominent New York law firm is expected to seek bankruptcy protection. That’s according to a receiver appointed to run the firm — which has been scandalized by charges that its founder was behind a massive fraud. The […]
False Asset Statments Lead to Conviction
West Palm Beach (HedgeCo.net)- Kirk Wright’s Atlanta-based hedge fund company, International Management Associates, was found to be fraudlent leading to the conviction of the manager, Wright, as the Department of Justice unsealed a March 10 criminal complaint against him. "The […]