Wednesday, 26 November 2014
Last updated 8 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.
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...