Friday, 19 September 2014
Last updated 3 hours ago
Jul 23 2009 | 9:40am ET
HedgeOp Compliance has unveiled a new service aimed at helping making hedge fund registration a bit easier.
The service, ADVassist, is designed to provide focused and efficient registration and compliance infrastructure development for hedge fund managers registering as investment advisers with the Securities and Exchange Commission.
One of the focal points of the Obama Administration’s Financial System Regulatory Reform Plan is to seek the passage of legislation that would require hedge fund to become registered as investment advisers with the SEC and be in compliance with the applicable requirements under the Investment Advisers Act. There are presently three bills pending in Congress and a recent proposal from the Treasury that would achieve that goal if passed.
“We at HedgeOp are seeing a lot of activity as hedge fund managers look to get ahead of the curve on these requirements and starting the process sooner rather than later,” said Bill Mulligan, CEO of HedgeOp. “In addition to allowing for key thoughtful planning, addressing the registration issue early will provide a great deal of comfort to investors and prospective investors.”
According to HedgeOp Compliance, its new service, coupled with its proprietary and patented web-based compliance software application, is an efficient and cost-effective way to fulfill these expected requirements.
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.