WASHINGTON, Sept 18 (Reuters) – U.S. hedge funds will likely have to provide “pretty detailed reporting” to regulators in the future and some public disclosure of their activities, the chairman of the U.S. Securities and Exchange Commission said on Friday. Mary Schapiro said her agency is already exploring what the requirements might look like — and how to balance competitiveness concerns — as Congress debates whether to give the SEC more power. (more…)
Financial Regulatory Forum
By Laurence Fletcher
LONDON, Sept 17 (Reuters) – Institutional investors said on Thursday that draft European Union rules that could bar non-EU fund managers from marketing their products in the region could limit their investment choices and upset their portfolio balance. (more…)
LONDON, Sept 17 (Reuters) – Britain’s Financial Services Authority is holding a one-day conference on asset management to discuss a draft European Union law to regulate managers of hedge funds, private equity and other alternative investments. (more…)
LONDON, Sept 14 (Reuters) – Global market regulators published new rules on Monday spelling out how small investors putting money into funds of hedge funds should be protected.
The International Organisation of Securities Commissions (IOSCO) published its final set of standards on best practice for funds of hedge funds investing. (more…)
MILAN, Sept 10 (Reuters) – Banks should not be allowed to own hedge funds or equity funds and their trading activity should be limited, former Federal Reserve Chairman Paul Volcker said in an interview with Il Sole 24 Ore on Thursday. (more…)
By Alden Bentley
NEW YORK, Aug 25 (Reuters) – More transparency or too much information?
Energy traders, analysts and mom-and-pop farmers may find themselves swimming in detail on the big bets and hedges in the commodity markets, when the U.S. futures market regulator overhauls its widely-watched report on trader positions.
By Jonathan Spicer
NEW YORK, Aug 24 (Reuters) – Senator Ted Kaufman on Monday asked U.S. regulators to undertake a comprehensive review of several “questionable” developments in the structure of capital markets, the latest lawmaker to weigh in on so-called dark pools, flashes, and high-frequency trading.
UK’s FSA steps into EU hedge fund spat with study
LONDON, Aug 21 (Reuters) – Britain’s Financial Services Authority has commissioned a cost study of a draft European Union law on the regulation of alternative investment managers, a step hedge funds hope will provide more ammunition to dilute the measure. (more…)