Tag Archives: investment advisers
Prime Brokerage Services Division Launch For Hedge Funds and Investment Advisers
New York (HedgeCo.net) – TradeStation Securities, Inc., has launched the TradeStation Prime Services division to fill the growing need of start-up to mid-sized hedge funds, the company said today. TradeStation Prime Services will be co-headed by Lance Baraker and William […]
Key elements of the Obama financial overhaul
AP – The Fed would gain power over big firms whose failures could traumatize the system. Previously unregulated hedge funds, private-equity firms and investment advisers would have to register with the Securities and Exchange Commission. All the regulators would force […]
Hedge Fund Managers as Registered SEC Advisors
HedgeCo.net (West Palm Beach) – ”One of the focal points of the Obama Administration’s Financial System Regulatory Reform Plan is to seek the passage of legislation that would require hedge fund managers (as well as other private fund managers) to […]
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 […]
MFA Comments On Obamas Private Fund Investment Advisers Registration Act of 2009
New York (HedgeCo.net) – Richard H. Baker, President and CEO of the Managed Funds Association (MFA) wrote a letter to MFA members this afternoon, highlighting today’s announcement by the Obama Administration requiring all advisers to hedge funds and other private […]
SEC Requests Data From Two Dozen Firms in Pension Investigation
Bloomberg – The U.S. Securities and Exchange Commission is seeking information from more than two dozen pension funds, placement agents and other companies as it steps up an investigation into whether money managers made improper payments to win business. “The […]
SEC Proposes to Further Strengthen Safeguards of Investor Funds
West Palm Beach (HedgeCo.net) – The SEC has proposed rule amendments to substantially increase protections for investors who entrust their money to investment advisers, hedge funds and FoHF’s. The SEC is seeking public comment on the proposed measures, which are […]
MFA Supports the Registration of Hedge Fund Advisors
West Palm Beach (HedgeCo.net) – In testimony before the House Financial Services Subcommittee; “Perspectives on Hedge Fund Registration”, the Managed Funds Association (MFA) announced its support for the new push for mandatory registration of managers with the SEC. "Though hedge […]
Morris Emerges as Key Figure in Probe of New York Pension Fund
Bloomberg – Former Democratic political adviser Hank Morris and New York State Deputy Comptroller David Loglisci may hold the keys as authorities examine whether private equity firms and hedge funds knowingly paid kickbacks to manage state pension money. The pair, […]
SEC To Contact Hedge Fund Investors
West Palm Beach (HedgeCo.net) – At the MFA Legal, Compliance and Operations Seminar in New York last week, SEC staff described its examination and enforcement priorities for the foreseeable future with respect to hedge funds and investment advisers. According to […]
Hedge Funds Need Help in Recovering Losses: Fiduciary Experts Say
West Palm Beach (HedgeCo.net) – Independent forensic professionals, Chris McConnell and Eric Steinwald are finding themselves in increasing demand as hedge funds and other investors turn to experts for help in recovering from losses caused by fraud, Ponzi schemes, stock […]
States urge Congress to regulate hedge funds
Reuters – State regulators urged Congress on Thursday to restore their authority to protect investors from fraud in the banking sector and to beef up oversight of hedge funds. Hedge fund advisers should be subject to the same kind of […]
