{"id":8549,"date":"2008-09-05T00:00:00","date_gmt":"2008-09-05T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"hedge-funds-get-a-new-cop","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/hedge-funds-get-a-new-cop.html","title":{"rendered":"Hedge funds get a new cop"},"content":{"rendered":"<p>Wealth Bulletin &#8211; The UK&#8217;s financial regulator has hired Australian <span class=\"keywordsearch\">Andrew Crain<\/span> to head up the team that oversees the roughly 40 largest hedge fund managers that operate in the UK. Crain, a former regulator in his home country, assumes his new job later this month. <\/p>\n<p>The team he will run sits within the wholesale investment division of the <span class=\"keywordsearch\">Financial Services Authority<\/span>, the UK&#8217;s equivalent of the US <span class=\"keywordsearch\">Securities and Exchange Commission<\/span>.<\/p>\n<p>The appointment comes as the UK regulator is stepping up efforts to discourage unsavoury behaviour, including insider trading and other market abuses by hedge funds and others. <\/p>\n<p>Those efforts have included measures that are widely unpopular among fund managers, including a rapidly introduced rule requiring disclosure of short positions &#8212; or bets that a stock will fall &#8212; in certain circumstances.<\/p>\n<p><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.wealth-bulletin.com\/portfolio\/content\/2451706802\/\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wealth Bulletin &#8211; The UK&#8217;s financial regulator has hired Australian Andrew Crain to head up the team that oversees the roughly 40 largest hedge fund managers that operate in the UK. Crain, a former regulator in his home country, assumes [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[546,2421,2541,197,831,20,34,335,880,757,353,1576,2542,708],"class_list":["post-8549","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-bias","tag-doom","tag-governance-structure","tag-housing-market","tag-investment-banks","tag-new-marketplace","tag-news-press","tag-proposed-legislation","tag-regard","tag-september-11","tag-stocks","tag-successes","tag-top-quality","tag-working-group"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8549","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8549"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8549\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}