Monday, 29 December 2014
Last updated 11 hours 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.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.