News

SEC Fort Worth enforcement director to leave after 15 years

Securities regulator started to bring in more senior names this week


New CFTC NY fintech office aims to better supervise AT

The office will help guide fintech firms on CFTC regulations

Leon Cooperman pays $5m to settle insider trading charges

Omega Advisors will be subject to intense monitoring regime



SEC highlights lack of pen testing in latest cyber-alert

Sources say the WannaCry attacks left some firms “scrambling to install patches”


SEC hires Chief of Staff from Paul Atkins’ firm

New hire is close to former commissioners Dan Gallagher and Paul Atkins


NY prosecutors call on CCOs to self-report potential problems

Pro-active reporting can build good faith instead of skepticism


Emir reporting rules watered down for smaller hedge funds

European Commission plans to ditch OTC derivatives reporting for low volume firms


Duet settles with NFA over ‘prohibited’ loans

$1m fine follows exam which found loans were made from two funds


MFA urges Jay Clayton to prioritise information security

Senate confirms Trump pick as SEC chair


PwC bolsters offshore tax practice

TC Leshikar and Elizabeth Smeltzer join auditor’s Cayman, Bermuda operations


Court dismisses key claims in short-selling conspiracy case

New Jersey affirms dismissal in 11-year pursuit by Fairfax Financial


Clifford Chance promotes HF specialist to partner

Owen Lysak will continue to work in the firm’s London office


FCA bolsters enforcement body

Veteran regulators Karen Johnston and Nick Lord join Regulatory Decisions Council



EU to press ahead with CMU despite Brexit

But ambitious project will be altered by UK exit


CFTC files fraud charges against FX hedge fund

Capitol Equity and principals said to have scammed investors out of $1.7m


Reuters granted permission to appeal Brevan Howard injunction

UK high court grants permission for news agency to appeal confidentiality ruling


New York targets hedge funds in $40m state tax settlement

Harbert Management is targeted by New York state over tax payments


Amwal eyes big inflows on Saudi short-selling regs

Saudi-based hedge fund targets up to $500m AuM in 2017