Tag Archives: rand-corporation


A New Track for Private Equity

November 27, 2008 : Permalink

The major broker-dealers have been decimated, with only Morgan Stanley and Goldman Sachs remaining independent and solvent. There are daily fears of hedge funds facing the equivalent of a bank run, as investors scramble to withdraw their cash. Those private-equity […]

Morgan Stanley prime broker woes seen lasting

October 23, 2008 : Permalink

guardian.co.uk – Morgan Stanley survived the recent panic in financial markets, but its prime brokerage business may never fully recover. More than a third of Morgan’s prime brokerage assets went out the door during the past month — some rivals […]

Hedge Funds In The Microwave

September 25, 2008 : Permalink

Forbes – In an op-ed in the Financial Times on Monday , I described the unraveling and demise of the shadow banking system that started with non-bank mortgage lenders, structured investment vehicles (SIVs) and conduits, major independent monoline broker dealers […]

ActionsXchange Appoints Laura Pollard As Company Head

August 12, 2008 : Permalink

West Palm Beach (HedgeCo.net) – Hedge fund Provider, Fidelity ActionsXchange, has appointed Laura J. Pollard as executive vice president and head of the company. Pollard will report to Larry C. Renfro, president of Fidelity Developing Businesses, a new division that […]

Firms hurry to comply with SEC subpoenas

July 17, 2008 : Permalink

Boston Globe- Dozens of hedge funds and broker-dealers are scrambling to send reams of e-mails and trading records to regulators probing suspected stock price manipulation, several sources at hedge funds said. The Securities and Exchange Commission recently sent subpoenas to […]

SEC Rumor Watch Draws Skepticism

July 15, 2008 : Permalink

New York Post- Wall Streeters who suspect that hedge funds are behind false rumors about Lehman Brothers and other banks say they’re skeptical that regulators will be able to find and punish those responsible. "I would love to have someone […]

SEC mounts attack on the rumor mill

July 14, 2008 : Permalink

Boston Globe- The Securities and Exchange Commission yesterday said that it and other regulators would begin examining rumor-spreading intended to manipulate securities prices. The timing of the announcement, made before the markets opened in Asia, was meant to warn broker-dealers, […]

SEC Publishes Text of Rand Report on Investment Adviser

January 3, 2008 : Permalink

Washington, D.C., Jan. 3, 2008 – The Securities and Exchange Commission has received and posted on its Web site the text of the RAND Corporation’s final report on practices in the investment adviser and broker-dealer industries. The Commission has been […]