hedge fund regulation
Cayman Hedge Fund Managers Fined Over $200 Million
The Court of the Cayman Islands has found two hedge fund managers guilty neglecting their duties, fining them $111 million each. The hedge fund, Weavering Macro Fixed Income Fund, was found to have failed because of the managers’, “Decision not to take any meaningful role in the business of the fund, and their decision to [...]
Regulatory Oversight: SEC Sees An Avalanche Of Mid-Year Hedge Fund Filings
Footnoted has compiled some research on the SEC’s mid-year statistics on corporate disclosures, based on figures compiled by Morningstar Document Research. Financial firms generate the greatest number of filings. Both this year and last, hedge fund giant BlackRock made the most filings, with 2,368 and 2,313 in the first halves of 2011 and 2010, respectively. [...]
AIMA To Financial Stability Oversight Council: Hedge Funds Not A Destabilizing Force
As the Financial Stability Oversight Council mulls over who will be subjected to higher levels of regulatory scrutiny, the Alternative Investment Management Association (AIMA) today re-iterated its belief that no hedge fund manager based or operating in the US or elsewhere currently poses a risk to financial stability. “We believe that no single hedge fund [...]
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