Tuesday, 23 September 2014
Last updated 2 hours ago
Jan 23 2007 | 9:31am ET
The National Futures Association has suspended Roswell, Ga.-based Renaissance Asset Management, a CPO and CTA, and William Stacy Wilkinson, one of the firm's principals.
The NFA suspended Renaissance and Wilkinson for acting as a CPO without being properly registered under the Commodity Exchange Act. Renaissance and Wilkinson also allegedly provided fraudulent information to their investors and the NFA.
The suspension will remain in effect until NFA is satisfied that Renaissance is in complete compliance with all NFA requirements, according to the agency.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitich, CIO of Petty Endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.