Legal

Hedge funds slow to register with SEC

There is growing concern that a significant proportion of hedge funds have not yet registered with the US Securities and Exchange Commission (SEC) as required to do so under the Dodd Frank Act.

Posted on: 01 Apr, 2011

Hedge funds with SWF clients should re-jig compliance operations

Alternative asset managers whose clients include sovereign wealth funds (SWFs) need to ramp up their compliance provisions if they are to avoid breaching the US Foreign Corrupt Practices Act (FCPA).

Posted on: 28 Mar, 2011

Aite Group reveals regulatory compliance costs for hedge funds

Hedge funds face thumping compliance costs if they are to meet the new regulatory requirements in the US and European Union (EU), according to research firm Aite Group.

Posted on: 23 Mar, 2011

JP Morgan unveils resource pack for hedge funds aiming to launch in Asia

JP Morgan Worldwide Securities Services has unveiled a resource guide aimed at helping hedge funds hoping to launch in Asia.

Posted on: 21 Mar, 2011

Hedge fund directors should sit on fewer boards and be paid more, according to industry experts

Capping the number of hedge fund boards directors can sit on while simultaneously increasing their remuneration could significantly improve corporate governance standards in the alternatives space, according to industry experts.

Posted on: 10 Feb, 2011

SEC increases reporting requirements for biggest hedge funds

Advisers to the biggest hedge funds will face even more reporting requirements as the US Securities and Exchange Commission (SEC) continues to toughen up its regulatory oversight.

Posted on: 26 Jan, 2011

SEC fines San Francisco-based hedge fund managers in settlement

The US Securities and Exchange Commission (SEC) has ordered a San Francisco-based hedge fund to pay more than $1 million to settle claims they misused client assets while investing into subprime automobile loans.

Posted on: 23 Dec, 2010
Posted in: LegalRegulation

Gartmore fined by Securities and Exchange Commission

Asset manager Gartmore was hit with a $1.35 million fine from the US Securities and Exchange Commission (SEC) after one of its funds broke short-selling rules.

Posted on: 10 Dec, 2010
Posted in: LegalRegulation

Hedge funds employ 300,000 worldwide, according to survey

Hedge funds employ an estimated 300,000 people worldwide, according to a groundbreaking survey by the Alternative Investment Management Association (AIMA), the body that represents the hedge fund industry.

Posted on: 10 Dec, 2010

Former asset manager pleads guilty in Australia

The former director of investment manager Astarra Asset Management Pty Limited (AAM) Mr Shawn Richard has pleaded guilty to two charges of dishonest conduct in the course of carrying on a financial services business and admitted a third charge of

Posted on: 07 Dec, 2010
Posted in: LegalRegulation

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