British hedge fund trader Anthony Mark Peterson will admit to his part in a scheme that defrauded the Danish tax authorities of more than DKK9bn ($1.2bn) when his case is heard in court later this month, according to a report
The US Securities and Exchange Commission and Commodity Futures Trading Commission have jointly approved new regulations which will require hedge funds to confidentially disclose more information about their investment strategies to watchdogs on a quarterly basis, including on investments, borrowing
The US Securities and Exchange Commission is facing a legal challenge to its latest set of rules, which require hedge funds and private equity firms to detail quarterly fees and expenses to investors, according to a report by Bloomberg.
The US Securities and Exchange Commission has adopted a new rule aimed at tightening oversight of the US Treasuries market that means some hedge funds and high-frequency proprietary trading firms are facing increased compliance costs and scrutiny, according to a
The first Danish conviction in the ‘Cum-Ex’ tax evasion scandal has seen a hedge fund trader sentenced to six years behind bars for his role in a scheme that cost the country’s treasury an estimated DKK12.7bn ($1.9bn), according to a
A group of hedge funds with exposure to mortgage bonds and average gross leverage in excess of 2,000% has attracted the attention of the European Securities and Markets Authority over concerns of potential market risk, according to a report by
A vote on new regulations, which would introduce a requirement for hedge funds and proprietary trading firms to register as dealers, has been postponed by the Securities and Exchange Commission, according to a report by Bloomberg.
Having agreed to pay more than $19m to settle US SEC charges relating to improper bond trading, hedge fund Chatham Asset Management is now looking to recoup those costs, plus damages, from its compliance adviser Advisor Compliance Associates, according to
China’s securities regulators have asked a number of hedge fund managers to restrict short selling of stock index futures as part of wider plans to stabilise the country’s declining markets, according to a report by Reuters.
The Securities and Exchange Commission has finally confirmed that it is to permit the creation and trading of spot bitcoin exchange-traded funds, with issuers and analysts anticipating billions of dollars of new flows as a result.
