Sunday, 21 December 2014
Last updated 10 hours ago
Sep 17 2009 | 2:05am ET
U.S. and British regulators are set to collaborate on hedge fund reporting and will share data with one another, under an agreement announced yesterday.
The U.S. Securities and Exchange Commission and U.K. Financial Services Authority will work together to craft “a common, coherent set of data to collect from hedge fund advisers/managers,” and will share the data they collect with one another. The two regulators also said they would work to create a common approach to hedge fund regulation and would coordinate with one another.
“As the regulators of two of the world’s major market centers, the SEC and the FSA has a strong interest in collaborating,” SEC Chairman Mary Schapiro said. “Only though strong cooperating can we achieve coherent oversight of global actors and limit opportunities for playing the regulatory seems.”
Schapiro and FSA chief Hector Sants met in advance of the Group of 20 meeting, set for next week in Pittsburgh, Pa.
Dec 1 2014 | 10:21am ET
As 2014 winds down, Northern Trust Hedge Fund Services executives took some time to share their outlook on trends facing the industry in 2015. Read more…
Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.