Regulation

The hedge fund industry is crying foul—again—over proposed European Union regulations that would impact funds' relationships with entities outside of the bloc.

Harbinger Capital Partners' wireless Internet venture remained on the offensive this week, calling for a tough standards for global positioning system receivers.

Citigroup will close its proprietary trading operations next month as it seeks to come into compliance with the upcoming Volcker rule banning the activity.

The Federal Communications Commission has asked for public comment on whether global positioning systems deserve legal protection from interference, a much-needed victory for Harbinger Capital Partners' wireless Internet venture.

The Carlyle Group's plans to forestall investor lawsuits against it after its initial public offering has sparked angry recriminations from shareholders rights group and Capitol Hill.

British regulators may extend compensation and bonus rules for banks to alternative investment firms.

Man Group CEO Peter Clarke has thrown his weight behind the return of the "uptick rule," a short-selling restriction that he said could prevent sudden market crashes.

As Republican president frontrunner Mitt Romney continues to squirm in the aftermath of his admission that he is likely a major beneficiary of the carried-interest tax loophole, two other prominent politicians used the controversy to push for an end to the loophole.

Republican presidential frontrunner Mitt Romney admitted yesterday that his effective tax rate is much lower than that of the average American taxpayer.

The U.S. hedge fund industry has asked the Securities and Exchange Commission to junk a nearly 80-year-old rule that all-but prevents alternative investments firms from marketing or speaking to the press.