Thursday, 28 August 2014
Last updated 6 hours ago
Mar 4 2009 | 11:41am ET
HedgeOp Compliance has released the ComplianceTrak Form SH Platform, a tool for hedge funds to efficiently and cost effectively meet new Securities and Exchange Commission reporting requirements for short sales.
In October, the SEC mandated weekly Form SH filing requirements for money managers, to address market volatility. Form SH followed the Sept. 19 temporary ban on short-selling that was implemented amid the financial markets crisis. It is for money managers that are also required to file the quarterly Schedule 13-F on long positions.
“The SEC estimates that the Form SH filing process can take up to 20 hours per week to complete, at a cost of $1,000 per filing,” said CEO Bill Mulligan. “HedgeOp’s Form SH Platform automates this time-intensive process, reducing the time spent on each filing by approximately 75%. The Form SH Platform saves staff resources, which over the course of the year adds up to a significant and meaningful reduction in operational costs.”
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…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...