Sunday, 26 April 2015
Last updated 1 day ago
Dec 10 2010 | 12:19am ET
Like their peers in the U.S. and Europe, Australian hedge funds are going to have to open up to regulators under new disclosure rules set to be introduced next year.
The Australian Securities and Investments Commission will impose strict new reporting requirements, the Australian Financial Review reports. Hedge funds will have to provide information about offshore holdings and other investments in jurisdictions less highly-regulated than Australia.
The regulator will promulgate the next disclosure rules next year. ASIC is also planning a guide for investors considering hedge funds.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…