Thursday, 20 November 2014
Last updated 10 hours ago
May 12 2010 | 2:53am ET
For the second time in as many years, a Connecticut effort to regulate hedge funds in the state has failed.
The Connecticut state Senate failed to vote on the measure before the General Assembly adjourned, despite its unanimous approval last week by the state House of Representatives. Last year, the roles were reversed, with the House failing to vote on the measure.
The bill would have made the Nutmeg State—the world’s third largest hedge fund center, after New York and London—the first in the U.S. to impose regulations on hedge funds. The bill would have imposed new reporting requirements on funds in Connecticut, including new conflicts of interest disclosures for hedge funds with more than $100 million in assets.
Nov 4 2014 | 9:45am ET
Data management is important to every business, but for hedge funds, it is critical. FINalternatives recently asked Peter Sanchez, CEO of Northern Trust Hedge Fund Services, how fund managers can deal with the demands of managing data while at the same time remain transparent and abide by operational best practices. Read more…
Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come...