{"id":27609,"date":"2012-02-24T06:57:34","date_gmt":"2012-02-24T11:57:34","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=27609"},"modified":"2012-02-24T06:57:34","modified_gmt":"2012-02-24T11:57:34","slug":"hedge-fund-3-degrees-said-to-lose-challenge-to-regulator%e2%80%99s-order","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2012\/hedge-fund-3-degrees-said-to-lose-challenge-to-regulator%e2%80%99s-order.html","title":{"rendered":"Hedge Fund 3 Degrees Said to Lose Challenge to Regulator\u2019s Order"},"content":{"rendered":"<p>Bloomberg &#8211; 3 Degrees Asset Management, asked by Singapore\u2019s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets, lost a legal bid to challenge the regulator\u2019s order, according to two people familiar with the decision.<\/p>\n<p>3 Degrees\u2019s application to overturn the decision by the Monetary Authority of Singapore and the finance minister to withdraw its exempt fund manager status was rejected by the Singapore High Court, said the people, who weren\u2019t authorized to speak publicly about the decision. Justice Belinda Ang\u2019s minutes from the Feb. 23 closed hearing aren\u2019t publicly available.<\/p>\n<p><a href=\"http:\/\/www.businessweek.com\/news\/2012-02-24\/hedge-fund-3-degrees-said-to-lose-challenge-to-regulator-s-order.html\" target=\"_blank\"><strong>Read Complete Article<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bloomberg &#8211; 3 Degrees Asset Management, asked by Singapore\u2019s central bank to shutter its operations following allegations that founder Moe Ibrahim diverted assets, lost a legal bid to challenge the regulator\u2019s order, according to two people familiar with the decision. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-27609","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27609","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=27609"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27609\/revisions"}],"predecessor-version":[{"id":27610,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/27609\/revisions\/27610"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=27609"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=27609"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=27609"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}