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.
SEC Takes On America's Hedge Fund
By Staff WriterBROOKLYN, N.Y. (HedgeWorld.com)--How could you go wrong with a name like America's Hedge Fund LLC? Easily, it turns out. A U.S. District Court judge in Brooklyn holds a hearing Tuesday [Nov. 9] to consider granting a preliminary injunction against Christian Kuretski, operator of America's Hedge Fund LP, and Worldwide Partners...
November 02, 2004
SEC Proposed Hedge Fund Adviser Registration: The Industry RespondsOn July 28, 2004, the Securities and Exchange Commission published for comment in Release No. IA-2266 rules to require hedge fund advisers to register with the SEC under the Investment Advisers Act of 1940. The release cited three general areas as the basis for the proposed rule: (1) the growth...
October 26, 2004
Legal Analysis Highlights Need for Clarity in SEC's Hedge Fund RuleNEW YORK (HedgeWorld.com)--Attorneys with the American Bar Association and officials at the Managed Funds Association have challenged key provisions of the SEC's proposal to regulate the hedge fund industry and have argued that some of the proposed rules would actually contradict the SEC's own current interpretation of existing regulations. "The...
October 26, 2004
A Compliance Guide to the Investment Advisers Act of 1940Part III: The Registered Investment Adviser's Relationship with Its Clients This article is the third in a series I have designed to give guidance to managers of hedge funds for complying with regulations proposed by the Securities and Exchange Commission. If the proposed regulations are adopted, they will require the...
October 08, 2004
RS Investments Settles With RegulatorsOct. 6, 2005 -- RS Investment Management LP will pay $25 million to settle Securities and Exchange Commission charges that the company permitted rapid-fire trading...
September 30, 2004
The SEC One Year After The Canary ScandalThis September marks the one-year anniversary of the settlement of late trading and market timing charges against hedge fund manager Canary Capital Partners.That case, first ...
September 27, 2004
Anti-Farallon Student Coalition Submits HF Comments to SECNEW 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 21, 2004
SEC May Sue AIGThe U.S. Securities and Exchange Commission has warned American International Group Inc. and a subsidiary that it may sue the firms in connection with ...