Regulation

Certain money managers, private equity firms and hedge funds would be included in new anti-money laundering compliance requirements proposed by the U.S. Treasury’s Financial Crimes Enforcement Network, known better as FinCEN. 

Hundreds of foreign hedge funds and traders are working in a regulatory grey area in China, using speculative trading strategies that are complicating regulators' efforts to calm the country's turbulent stock markets.

Outgoing Securities & Exchange Commissioner Dan Gallagher gave a speech to the U.S. Chamber of Commerce yesterday that took the infamous Dodd-Frank Wall Street and Consumer Protection Act to task.

European regulators have expanded – albeit only slightly – the domiciles from which hedge funds can market their products to investors in the 28-nation European Union. U.S. managers, however, will have to wait.

The head of the UK’s top financial industry regulator has resigned following word that Chancellor George Osborne would not renew his contract when it comes due early next year.

he U.S. Chamber of Commerce called for numerous reforms to the Securities and Exchange Commission's investigative process on Wednesday, taking particular aim at the agency's use of in-house administrative trials.

Private equity partners and other managers of alternative investment funds in the United Kingdom are facing the threat of higher taxes on carried interest after changes to the country’s budget were announced earlier in the week. The moves could support renewed efforts in the U.S. to increase the tax rates on similar gains. 

Tougher rules and higher expenses will continue to drive banks out of the market making business, potentially leading to liquidity and price discovery problems, according to Societe Generale CEO Frederic Oudea.

On Wednesday, the Securities and Exchange Commission announced fraud charges against a New Jersey man accused of posing as a hedge fund manager and defrauding small companies out of more than $4 million.

A widening gap in the costs to hedge interest rate risk between platforms based in London and Chicago is generating losses for Wall Street dealers and creating concern about how well this corner of the bond market will respond when the Federal Reserve raises rates.