Monday, 29 December 2014
Last updated 50 min ago
Jan 28 2009 | 2:06am ET
The drumbeat for hedge fund registation is growing louder every day.
On Monday, it was Luis Aguilar, a commissioner on the Securities and Exchange Commission, adding his voice to the growing chorus. Speaking to the Investment Company Institute’s board of governors meeting, Aguilar implored Congress to give the regulator more powers to regulate hedge funds.
“I urge Congress to close the glaring loopholes in securities regulation,” Aguilar said. “Currently, the SEC is prohibited from exerting jurisdiction over particular financial instruments that seem to fall squarely within the agency’s mission.”
Aguilar, a Democratic commissioner on the five-member SEC, joins new Treasury Secretary Timothy Geithner and SEC Chairman-designate Mary Schapiro in calling for greater oversight of hedge funds.
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.