Archive: Regulations
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Prosecutors Circling, SAC Hedge Fund May Shut Down
May 21, 2013 @ 11:53 AM | By Phil Albinus

After several high-profile arrests for insider trading, the head of the rich yet beleaguered SAC hedge fund may call it quits to avoid jail time.

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The Rich Past and Uncertain Future of the NYSE
May 17, 2013 @ 15:37 PM | By Phil Albinus

On the anniversary of its founding, the New York Stock Exchange shows signs of strength in an uncertain world.

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Regulators Compromise on Swaps RFQ Rule, So Are the Banks Winning?
May 17, 2013 @ 12:40 PM | By Ivy Schmerken

CFTC commissioners compromised on key rules that now require asset managers to contact two banks for prices on derivatives, rather than five, which was opposed by banks and lobbyists.

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HFT Firms Flood DC with Donor Dollars
May 17, 2013 @ 11:35 AM | By Phil Albinus

While lawmakers and regulators take a long hard look at high-frequency trading, the firms that trade near the speed of light are donating money like never before.

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Is it Time to Tweak, Keep or Scrap Reg NMS?
May 16, 2013 @ 13:58 PM | By Ivy Schmerken

The emphasis on speed, order protection, and technology that Regulation NMS brought to U.S. equities is analyzed in an indepth report by Tabb Group, which says it's time to debate the rule's effectiveness.

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Asset Managers and Hedge Funds Face Swaps Clearing Deadline
May 14, 2013 @ 14:02 PM | By Ivy Schmerken

Buy side firms preparing for mandatory swaps clearing need to finalize selections of CCP and FCMs as well as onboard clients and test systems by June 10 deadline, according to Woodbine Associates' whitepaper.

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Europe's MTS to Launch an E-Bond Platform for U.S. Institutions as Interest Heats Up
May 10, 2013 @ 11:57 AM | By Ivy Schmerken

The European electronic fixed income marketplace will allow the buy side to directly access prices and execute European and U.S. government, agency, mortgage, and corporate bonds with major dealers.

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DTCC Sues CFTC Over Swap Data Repository Rules
May 03, 2013 @ 11:35 AM | By Ivy Schmerken

The industry-owned utility is asking a federal court to overturn the CFTC's approval of rules allowing CME and ICE to run SDRs.

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EBS's Plan to Slow Down HFT in FX Could Influence Other Regulators
April 29, 2013 @ 13:54 PM | By Ivy Schmerken

The electronic FX platform trading platform has a proposal to reduce the speed advantage of HFT players because the technology arms race has gotten out of hand.

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Regulators vs HFT Firms Debate: Who Blinks First?
April 19, 2013 @ 08:20 AM | By Phil Albinus

The confusion around high frequency trading and algorithmic trading is not helping the discussion of new regulations.

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Bloomberg Files Lawsuit on Swaps Trading, Contesting Margin Rules
April 17, 2013 @ 13:28 PM | By Ivy Schmerken

Argues that CFTC's rule imposing higher margins on swaps than comparable swap futures, is not based on risk analysis and will harm swap execution facilities..

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Paulson Eyes New Hedge Fund for Tax Exiles
April 12, 2013 @ 13:11 PM | By Phil Albinus

Wounded by huge losses and some staggering tax bills, Paulson eyes new fund to help other tax victims. Plus, funds attract $11B in February and the SEC seeks a hedge fund budget boost.

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David Stockman’s Rant on the Bubble Machine: Should You Ignore it?
April 08, 2013 @ 13:39 PM | By Ivy Schmerken

Former Reagan budget director David Stockman blasts the Federal Reserve for being a bubble machine that has enriched speculators and Wall Street with its zero-interest rate policies, while doing nothing for Main Street, in an interview with Charlie Rose on Bloomberg TV.

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SEC Loosens Social Media Stance: Beware of CEO Tweets at 2 AM
April 05, 2013 @ 11:55 AM | By Ivy Schmerken

The SEC’s decision to allow public companies to share data on social media networks such as Facebook and Twitter raises implications for investors and traders.

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Corzine Lit Matches for MF Global Meltdown: Report
April 04, 2013 @ 15:00 PM | By Phil Albinus

Former G man Louis Freeh’s report on the spectacular meltdown of MF Global is out - and Jon Corzine does not get off easy.

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Spurred By Bonuses, Hedge Fund Traders Feel Pressure to Break Rules
April 02, 2013 @ 14:01 PM | By Phil Albinus

A survey reveals the depressing state of a hedge fund trader’s mind: They’ve seen misconduct, would break rules to get ahead and doubt the SEC can do anything to fix the industry.

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Closing In On SAC, FBI Arrests Portfolio Manager
March 29, 2013 @ 08:50 AM | By Phil Albinus

Federal agents arrested the portfolio manager of the largest hedge fund in the country. After a week of buying mansions and Picassos, is SAC Capital founder Steve Cohen next?

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Hedge Fund Titan’s Shopping Spree: Cohen’s $60M Bet on Hamptons Real Estate
March 28, 2013 @ 13:11 PM | By Ivy Schmerken

SAC Capital Advisors’ founder Steve Cohen purchased a home for $60 million with an ocean view in East Hampton last week, topping a frenzy of deal making amidst resolving a pending settlement of insider trading matters with the SEC.

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Dark Pools Open Up About Surveillance Methods
March 27, 2013 @ 13:45 PM | By Ivy Schmerken

Brokers operating dark pools have come out with more sophisticated methods for preventing trades at bad prices and profiling client behavior — both in response to buy side concerns and regulatory scrutiny.

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Columbia University Professor Analyzes HFT
March 22, 2013 @ 17:35 PM | By Ivy Schmerken

Based on what it calls 'the first meta-analysis of HFT,' Columbia Business School Professor Charles Jones finds that high frequency trading benefits liquidity and lowers trading costs, echoing other academic studies.

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