Tuesday, 2 September 2014
Last updated 57 min ago
Jul 26 2010 | 12:28pm ET
French regulators have accused Boussard & Gavaudan Gestion of insider-trading, the hedge fund said today.
The London- and Paris-based firm said in a London Stock Exchange Settlement that the Autorité des Marchés Financiers has turned the “alleged breach by BGG of French insider-trading regulations” over to its enforcement arm. The hedge fund denied the allegations and promised to fight them, saying it “believes that its conducts has been and remains in conformity with market regulations.”
It is Boussard’s second run-in with the French regulator in as many years. Last February, the firm was fined for missing a three-day delivery deadline on shorted shares.
In this case, the firm said the alleged transgression involves a single, €1.06 million transaction.
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 ...