Sunday, 31 August 2014
Last updated 1 day ago
Mar 15 2010 | 12:48pm ET
The head of the U.S. Senate’s Banking Committee will unveil a new comprehensive financial regulation reform bill today, one that does not include the controversial Volcker Rule.
Sen. Chris Dodd (D-Conn.) will offer his latest proposal weeks after abandoning efforts to reach an accord on financial reform with Republicans. Despite its exclusion of the Volcker proposals, which would bar banks from owning, investing in or sponsoring hedge funds or private equity funds, as well as from proprietary trading, the bill remains controversial and is likely to face a Republican filibuster.
While the bill does not include the hedge fund limits championed by President Barack Obama and former Federal Reserve Chairman Paul Volcker, it would force large hedge funds to register with federal regulators. It would also empower the Fed to force banks and other institutions to cut risk or bar certain trades and investments, which could eventually lead to restrictions similar to those proposed by Volcker.
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...