Friday, 22 August 2014
Last updated 5 hours ago
Mar 20 2013 | 12:20pm ET
British regulators yesterday began the process of imposing the European Union's new hedge-fund bonus rules in the U.K.
The Financial Services Authority launched a consultation period on the Alternative Investment Fund Managers Directive's rules for bonuses. The EU law requires hedge funds to defer a significant portion of a managers' bonus over several years, and to pay at least half of bonuses in equity-linked instruments related to a manager's fund.
Britain has until July to add the EU rules to its own. The consultation closes on May 10.
The FSA will not see the conclusion of the matter: The regulator will be broken up at the end of the month, with its powers split between the Bank of England and the new Financial Conduct Authority.
Aug 4 2014 | 7:42am ET
By now, U.S. and international subscribers have received their home or office delivery of the special 500th issue of Futures magazine. You can too!—a very special offer follows. The issue is the largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders. Read more…
The July/August 2014 issue is our largest in years—filled with the best trading strategies and stories from 43 years of being the primary publication for commodity, stock, options and forex traders.
The Alpha Pages Editor's Note