German Leader Plans Hedge Fund Transparency Push

Jan 28 2008 | 7:49am ET

German Chancellor Angela Merkel has renewed her call for improvements in hedge fund transparency, saying she will again raise the issue at a meeting of European leaders this week.

In her weekly podcast, Merkel admitted her earlier efforts to obtain some form of hedge fund oversight or regulation have not come to much. But she argued that recent market trouble has proven that something must be done.

“The lesson from the turbulence must be more transparency in financial instruments,” Merkel said.

She warned that if hedge funds did not self-regulate—such as the voluntary code of conduct proposed by British hedge funds last week—new rules would have to be promulgated.

European leaders, including Merkel, French President Nicolas Sarkozy, Italian Prime Minister Romano Prodi and European Commission President Jose Manuel Barroso, will be hosted by British Prime Minister Gordon Brown in London tomorrow.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Cooper-Hohn Won't Contest Divorce Settlement

Dec 18 2014 | 9:51am ET

The ex-wife of hedge fund billionaire Christopher Hohn will not contest a divorce...

Guest Contributor

Controlling With Confidence: A ‘How-To’ For Hedge Fund Managers

Dec 22 2014 | 11:52am ET

Hedge funds are increasingly turning to third party services to help with operations...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

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.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.