Saturday, 20 September 2014
Last updated 14 hours ago
Apr 8 2011 | 8:53am ET
SEC Chair Mary Schapiro says the congressional impasse over federal spending will hamper the implementation of Dodd-Frank Act rules like those governing hedge fund registration and derivatives.
Speaking at the Society of American Business Editors and Writers in Dallas on Friday, Schapiro said her commission is “stretched incredibly thin.”
“We can get the rules written, but what we’re not going to be able to do is operationalize them,” she said.
The battle between Republicans and Democrats affects funding for both the SEC and the Commodity Futures Trading Commission. If the two sides fail to reach an agreement by tonight, the SEC would be shut down.
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…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.