Posts Tagged ‘Volcker Rule
Carried Interest Tax, Volcker Rule Introduced Today
Two proposed laws which have been in the works for quite some time were introduced today in both houses of Congress. If passed, the amended carried interest tax and Volcker rule would have serious ramifications for both private equity and hedge funds.
Thoughts on the Goldman Fraud Charges
In addition to the charges from the SEC, Goldman is now facing charges in Britain and additional scrutiny in Germany. With all of this going down while we await the passing of new hedge fund legislation in both the E.U. and the U.S., we have to ask ourselves, if the AIFM directive passes and if [...]
Soros on Volcker Rule: “I Back It”
Billionaire investor George Soros says maybe there might be something to the notion that the banking “oligopoly” formed by the four largest banks in the U.S. needs to be broken up. The so-called Volcker rule, named after Obama adviser and former Chairman of the Federal Reserve Paul Volcker, proposes, among other things, to limit the [...]
Hedge Fund Lobbyists Double Spending
According to data recently released by the Federal Election Commission, cited in an article by Crain’s, the hedge fund lobby, called the Managed Funds Association, doubled its spending in the last quarter of 2009. Compared to the $520,000 it spent in during the same period in 2008, the MFA spread nearly $1 million around Washington [...]
Volcker Rule May Help Out Hedge Funds
Thanks to regulatory pressure resulting from a new proposal known as the Volcker rule many hedge funds may be recruiting traders away from big U.S. banks. The legislation, proposed by President Obama and named after former Federal Reserve Chairman/present Obama adviser Paul Volcker, would require financial institutions engaged in proprietary trading to disclose more information [...]
Loading ...