Posts Tagged ‘Legislation
E.U. Hedge Fund Reform Stalled For Now
Tuesday’s meeting of the European finance chiefs in Brussels resulted in an unsurprising stalemate over proposed Alternative Investment Fund Manager legislation to place restrictions on hedge fund activity in the E.U., an E.U. official said. The AIFM legislation was set to be vote upon by the Economic and Financial Affairs Council (Ecofin), but the item [...]
Hedge funds bet on Greek debt default, Germany “Can’t Confirm” Hedge Fund Clampdown
In response to Greece’s economic troubles, this month hedge funds have raised their bets on Greece’s economic woes by shorting its bonds or buying default protection. According to the New York Times, the country has been in economic turmoil since the new Socialist government revealed in October 2009 that the budget deficit would hit 12.7% [...]
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