Friday, 27 November 2015
Last updated 2 hours ago
Mar 18 2009 | 3:19am ET
Hedge funds will get a look at their regulatory future next month as the European Union unveils new rules for the sector.
The European Commission will issue a directive on April 21, offering a draft bill that would impose binding rules on hedge funds and private equity firms designed to boost regulatory oversight of alternative investment firms. The new rules won’t come into effect anytime soon: The proposal must be adopted both by the European Parliament and the EU’s 27 member states.
“This will strengthen overall effectiveness of the regulatory supervisory system,” David Wright, deputy head of the EC’s internal markets unit, said.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…