Tuesday, 5 May 2015
Last updated 13 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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…