Thursday, 18 December 2014
Last updated 1 min 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.