Thursday, 18 December 2014
Last updated 14 hours ago
Feb 10 2009 | 12:30pm ET
Not wanting to become the Securities and Exchange Commission of the north, the Ontario Securities Commission is cracking down on hedge funds.
Canada’s largest provincial financial regulator launched a review of hedge fund compliance last week, the Financial Post reports. It is seeking information from hedge fund managers about their service providers, portfolio composition and valuation, retail customers and the last year-and-a-half of inflows and outflows. The OSC also wants to know about any exposure that Ontario’s hedge funds might have to Bernard Madoff’s alleged Ponzi scheme.
The regulator has told hedge funds to turn the information over by Feb. 20.
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.