Sunday, 21 December 2014
Last updated 1 day ago
Feb 4 2009 | 12:12pm ET
Another member of the Securities and Exchange Commission has come out in favor of requiring hedge funds to register with the agency.
“I generally do support that notion,” Elisse Walter told Reuters. “But the devil is in the details. Registration has to be meaningful.”
Walter’s comments mean all three Democratic commissioners on the SEC have come out in favor of stronger regulation of hedge fund. New SEC Chairman Mary Schapiro favors a hedge fund registration requirement, while fellow commissioner Luis Aguilar has called on Congress to give the regulator more power over hedge funds.
And Congress seems poised to do just that: Legislation empowering the SEC to compel hedge funds to register and improve transparency in the industry has been introduced in both houses of Congress.
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.