SEC
Get the latest news and insights on the Securities and Exchange Commission's' financial regulations (such as Regulation Best Interest), enforcement actions and related activities.
Anti-Farallon Student Coalition Submits HF Comments to SEC
By Staff WriterNEW HAVEN, Conn. (HedgeWorld.com)--The campus-based coalition that has demanded hedge fund Farallon Capital Management LLC provide greater disclosure of its investments filed a comment letter with the Securities and Exchange Commission urging registration of hedge fund managers as investment advisers. The group, which calls itself the Unfarallon coalition, submitted the...
September 17, 2004
Comment Period Ends: Leaving Something from EverybodyWASHINGTON (HedgeWorld.com)--Despite calls for extension, the Securities and Exchange Commission has let the clock run out on the comment period for its proposed rule requiring most hedge funds to register as investment advisers. A comment from the National Futures Association proposed that any final SEC rule exclude from its coverage...
September 10, 2004
Parent of Thomas Weisel Asset Management Settles SEC ChargesSAN FRANCISCO (HedgeWorld.com)--Thomas Weisel Partners LLC, a brokerage firm and investment bank, concluded a settlement with the Securities and Exchange Commission resolving charges that relate to the inappropriate influence allegedly exerted by its investment bankers upon its research analysts. The SEC's complaint alleged that Thomas Weisel Partners analysts participated in...
September 10, 2004
Invesco Employees Settle with SECDENVER (HedgeWorld.com)--Three former Invesco Funds Group Inc. employees have settled Securities and Exchange Commission charges they helped outside investors conduct extensive market timing in Invesco mutual funds. Timothy J. Miller, former chief investment officer and a portfolio manager; Thomas A. Kolbe, former national sales manager; and Michael D. Legoski, former...
September 10, 2004
Renaissance Favors Selectively Extending SEC's Financial Statement DeadlineNEW YORK (HedgeWorld.com)--Multibillion-dollar hedge fund firm Renaissance Technologies Corp. officially joined the ranks of those criticizing one particular aspect of the Securities and Exchange Commission proposal to require that hedge fund managers register as investment advisers. In a Sept. 7 letter to the SEC, Renaissance Vice President Mark Silber wrote...
August 20, 2004
SEC Asks For More Comments About Fee-Based AdvisorsThe U.S. Securities and Exchange Commission is asking for more advice about how it should treat brokers who get asset-based fees rather than traditional ...
August 11, 2004
Conseco, Inviva Settle With SEC Over Market Timing ChargesConseco, Inviva Settle With SEC Over Market Timing ChargesByConseco Inc. and Inviva Inc. agreed to pay $20 million to settle regulators charges that they helped ...
August 09, 2004
Conseco, Inviva Settle VA Charges With SECNU Online News Service, August 9, 2004, 3:00 p.m. ESTConseco Inc. and Inviva Inc. agreed to pay $20 million to settle regulators' charges that ...