Group Blasts Washington State Health Proposal
By Staff WriterNU Online News Service, Feb. 17, 2005, 4:30 p.m. ESTAn Evergreen State "universal health proposal" may cost $10,200 per newly insured resident and insure ...
February 17, 2005
Securian Promotes WisdorfNU Online News Service, Feb. 17, 2005, 2:12 p.m. ESTA St. Paul, Minn., insurer has given a field development specialist a new title.[@@]The insurer, ...
February 17, 2005
Yes, Some New Hedge Fund Rules Start TodayCHICAGO (HedgeWorld.com)--Rules that expand the U.S. Securities and Exchange Commission's oversight of the hedge fund industry went into effect today, making Feb. 10 the demarcation line between the "old" era of lighter federal regulation and the "new" regime that requires most hedge fund managers with U.S. clients to register with...
February 17, 2005
Bank of America Units to Pay Market-Timing FinesWASHINGTON--The U.S. Securities and Exchange Commission ordered mutual fund and broker-and-clearing-firm arms of Bank of America to pay US$375 million to settle charges of market...
February 17, 2005
A Free Market Program: From the CFTC's Chair to the ABA's EarsKEY WEST, Fla. (HedgeWorld.com)--The acting chair of the Commodity Futures Trading Commission gave the keynote address at a Feb. 4 meeting of the American Bar Association's committee on the regulation of futures. She outlined the principles that guide her discharge of her duties and the tasks that lie ahead, both...
February 17, 2005
SEC Likely to Scrutinize Advisers' Adherence to Disclosed Investment StrategiesTraditionally, hedge fund advisers have been accustomed to investing pursuant to vaguely drafted investment guidelines that permit a wide range of possible investment options. A typical hedge fund private placement memorandum might include language stating: To accomplish this objective, the Fund will employ its research-driven investment process, balance longs and...
February 16, 2005
Koster To Head ACORDNU Online News Service, Feb. 16, 2005, 7:09 p.m. ESTA key insurance technology standards group has chosen a future leader.[@@]The Association for Cooperative Operations ...
February 16, 2005
Hancock Fills Compliance PositionsNU Online News Service, Feb. 16, 2005, 7:08 p.m. ESTA Boston-based unit of Manulife Financial Corp., Toronto, has hired 2 lawyers.[@@]The unit, John Hancock, ...