News

NFA bars broker over transferring client gains to his own account

Christian Mayer fired by Northstar Commodity Investment in October last year


Just eight funds launch in first year of new Maltese structure

Concern about a lack of local custodians blamed for the slow start

Winston & Strawn hires two new hedge fund partners

Beth Kramer and Scott Naidech join from Chadbourne & Parke



CFTC fines Bank of Tokyo $600,000 to settle spoofing charges

Japan’s biggest bank gets reduced penalty for self-reporting and cooperation


SEC examiners warn over cyber-security failings

Second cybersecurity exam initiative does show an improvement since 2014


NFA exams eye financial reporting and cyber

CPOs and CTAs will have to submit more financial info beginning with next quarter’s reporting


SEC launches exam sweep of third-party messaging usage

US agency to probe firm’s oversight of staff using LinkedIn, WhatsApp and other services


Former hedge fund CIO among new CFTC commissioners  

Acting chair Christopher Giancarlo also confirmed in permanent role


SEC director David Grim quits agency after 22 years

Investment management head oversaw the introduction of Form PF for private funds


US Treasury agency begins rollback of Volcker rule

OCC seeks comment on curbing 2013 law through regulation


Ex-Tudor associate GC joins BlackRock

David Friedman joins asset management giant in July


Hong Kong targets senior individuals over compliance failings

SFC issues circular voicing regulatory concerns, threatens reprisals


EFA Group hires head of global compliance

Aaron Weiss joins $1.2bn Singapore manager from Lawson Conner



Hedge funds dodge ‘enhanced’ requirements of FCA senior managers regime

But most managers face new ‘core’ range of responsibilities under extension of rules


CFTC and SEC seek greater reporting harmonisation

White House drives new agency heads to cut regulatory costs


CFTC registers LedgerX as cryptocurrency derivatives exchange

New York platform gets greenlight to clear fully collateralised digital currency swaps


Irish managers prepare for more scrutiny under EU directive

Concern over requirements for some structures to make public disclosure of accounts for first time


Seward & Kissel launches compliance consulting arm

US law firm branches out beyond pure legal advice