News

Saudi Tadawul opens up to short selling

Managers able to take short positions in Saudi bourse from 23 April


New SEC chair to target individuals and relax IPO rules

Jay Clayton faces Senate grilling ahead of likely confirmation

SEC cuts broker-dealer T+3 settlements by one day

Trade body MFA welcomes move to cut settlements times



Is the SEC’s derivatives crackdown dead in the water?

What next for the SEC’s Rule 18f-4 plans which hit managed futures mutual funds hard


SEC chair-designate Jay Clayton under fire over conflicts

Mergers & acquisitions lawyer faced tough questions from Senator Warren


Giancarlo reveals ‘new direction’ plans for CFTC

Acting chair announces review to make existing regulations “simpler, less burdensome and less costly”


Mifid II will lead to $300m fall in research spend – Greenwich Associates

European managers set for 7% decrease in use of global investment banks


UK scraps national insurance tax hit on LLPs

Chancellor Hammond withdraws contentious plans to raise Class 4 NIC


FIA expands board to 29 directors

Simonetti replaced as Americas chair; Goldman’s Dawley re-elected chairman


SEC prepares for Supreme Court disgorgement battle

Court is set to hear the case of Kokesh v. SEC next month


Cyber-security tops SEC examiner concerns

Issue will remain a priority for OCIE in the year ahead officials have warned


UK Budget 2017: LLPs take hit on national insurance

Tax-free dividend allowance for directors/shareholders to decrease from £5,000 to £2,000


Ex-Duet Group general counsel joins Swiss CTA

Amplitude hires Mark Derbyshire as legal counsel and CCO



CFTC appoints employment lawyer as GC

Daniel Davis joins regulator from Proskauer Rose


Hong Kong seeks to broaden professional investor definition

SFC proposals could expand hedge fund client base; evidence of eligibility


Citadel becomes latest manager to join HFSB

Ken Griffin’s $26bn firm is now a signatory alongside Bridgewater, Brevan Howard and CQS   


SEC calls for overhaul of accredited investor regime

Michael Piwowar says investor access should be significantly expanded


SEC raises liquidity concerns over open-ended fund conversions

Regulator uses its SEC Speaks conference to set out priorities for the year ahead