Now It’s Not Just LIBOR
Regulators globally are broadening the spread of their investigations into rate setting that began with manipulation of LIBOR.
Regulators Ask Singapore Authority for Help in Libor Probe
Interbank rates, including Libor, are under investigation by a number of countries amid suspicion of bank misconduct. The U.S. has launched a criminal investigation and European authorities are looking into allegations that banks may have colluded to trade derivatives based on the rate.
Morgan Stanley Loses One CDO Dispute, Settles Another
Morgan Stanley had a rough day settling one dispute over CDOs and losing another in a New York courtroom.
It’s only natural, says Scott Colyer, CEO and CIO of Advisors Asset Management, that U.S. investors have focused their international investing horizons on equities, since equities have dominated the investment universe and continue to hog the lion’s share of domestic investment portfolios.
Monetary Authority of Singapore Revised its Guidel
SINGAPORE (HedgeWorld.com)--The Monetary Authority of Singapore revised its guidelines for retail hedge funds, using previously proposed changes. MAS changed the rules largely following the suggestions offered...