Sep 14 2006 | 12:00am ET
No hedge fund is an island—or, at least, no hedge fund is an island without bridges. They need prime brokers, broker-dealers and investment banks, among others, to do what they do. And thankfully for the U.S. Securities and Exchange Commission, all of those types of firm are regulated.
Stymied in its attempt to directly regulate hedge funds by unfriendly courts, the SEC will use broker-dealers as a “window” on what hedge funds are doing. The head of the agency’s enforcement division, Linda Chatman Thomsen, says the SEC will be paying very close attention to the relationships between broker-dealers, especially, and hedge funds.
Mar 10 2014 | 11:33am ET
A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…