Monday, 22 September 2014
Last updated 1 min ago
Nov 10 2006 | 12:42pm ET
The Securities and Exchange Commission is ready to give hedge fund regulation another go.
Chairman Christopher Cox told Bloomberg News that the agency will propose a new hedge fund anti-fraud rule at its Dec. 13 public meeting. The proposal, Cox said, would make it harder to invest in hedge funds.
“We’re going to make it very clear that hedge funds are risky investments that are not for mom and pop by fencing it off with higher standards to accrediting investors,” he said. Cox is reportedly in favor of doubling the minimum asset requirement for hedge fund investors to $2 million.
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Credit default swaps brought down the London Whale and cost JPMorgan $6.2 billion. Here is how it happened.