Tuesday, 31 March 2015
Last updated 39 min ago
Aug 17 2011 | 9:54am ET
The U.S. hedge fund industry's primary lobbying group, the Managed Funds Association, kept its lobbying budget essentially flat even as regulators finalized plans for new rules affecting its members.
The MFA spent $1.03 million in the second quarter, which saw the Securities and Exchange Commission adopt the hedge fund registration requirement mandated by last year's Dodd-Frank financial regulation reform law. The group lobbied on the SEC on that matter, as well as others.
It also met with members of Congress, the Treasury Dept. and the Commodity Futures Trading Commission about Dodd-Frank, its implementation and other matters affecting alternative investment firms, including speculative oil trading.
The MFA spent slightly more on lobbying in the second quarter than in the first, according to the filing with the House of Representatives clerk's office. In the first three months of the year, it spent only $950,000. In the second quarter of last year, it spent $1.09 million.
Mar 9 2015 | 6:35am ET
As more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…
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…