Wednesday, 17 December 2014
Last updated 12 hours ago
Oct 24 2008 | 10:03am ET
The head of the British Financial Services Authority had some surprisingly kind words for the hedge fund this week, arguing that there is no need for further regulation of the industry.
Hector Sants told the Hedge 2008 conference in London that hedge funds were holding up better than many other parts of the financial services industry, although he expects more hedge fund failures in the months to come. But despite calls on both sides of the Atlantic for tighter control over the industry, Sants says increased regulation is not needed.”
“There is pressure for more regulation in a rather general way,” he said. “I don’t particularly think more regulation is needed, but I do think more effective regulation is needed.”
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.