Last week, the International Organization of Securities Commissions provided its input to the upcoming G-20 Summit. A full reading reveals a notably diplomatic and balanced view of the role of hedge funds in global financial markets.
Hedge Fund Regulation
Ben Bernanke showed up at his annual Humphrey Hawkins testimony to talk about the risks posed by banks - specifically big banks. But what at least one Senator was just as concerned about another kind of institution.
The European Commission recently ended its call for input on what it should do about those pesky hedge funds. If this was a court case, you might say they were "leading the witnesses" a little.
Think hedge funds are the only ones defending short selling secrecy?
As expected, this fall's ban on shorting of financial stocks has provided academics with a unique opportunity to examine the effect of short-selling on price behaviour. And one of the first comprehensive studies on the topic contains some surprising findings.
The European Central Bank makes some interesting hedge fund industry observations in its latest Financial Stability Review.
The year began with an outpouring of goodwill toward to the UK's new "Hedge Fund Standards Board". But a new survey finds that only 1 in 10 managers has actually signed-up. What gives?
If you can't regulate hedge funds directly, what about deputizing the prime brokers?
Do hedge funds keep secrets because it's their part of their nefarious strategy, or because if they don't they'll be, say, arrested and thrown in jail?
Apparently banks aren't the only financial institutions the Bank for International Settlements is watching these days.
By removing a ubiquitous part of the financial landscape, this week shares something in common with another week exactly 7 years ago.
The latest hedge fund political football entered play in Washington last month. Like so many before it, this one seems destined to bounce around for some time.
Are you a hedge fund marketer? If so, you need to read this.
Are hedge funds engaged in a "race to the bottom" in an effort to find the world's least onerous regulatory environment?
An award-winning Harvard paper says that hedge funds are "designed to avoid regulation".
A legal scholar argues that proposals limiting retail investors from hedge fund investing is a total shaft.
Fortune released a great piece on hedge fund “iconoclast” Phil Goldstein this morning. Like a big box store, the Goldstein saga has something for everyone. Just when you thought he was done causing headaches for regulators and government officials, he emerges to launch new attacks on the institutions and regulations that he sees as both archaic […]
As usual, the European Central Bank's "Financial Stability Review" contains some interesting observations about trends in the HF industry.
A popular columnist says hedge funds might be the "next shoe to drop" as a result of the credit crunch - prompting one chapter of AIMA to speak out.
The Massachusetts Secretary of State has targeted another hedge fund to make its ongoing case for stricter registration rules. Will it work this time around?
California hedge fund regulations, we hardly knew ya!
One of portable alpha’s originators says concept has evolved, in some cases, into something “vastly different”May 11th, 2008 | Filed under: Hedge Fund Regulation, Portable Alpha & Alpha/Beta Separation
PIMCO's Chris Dialynas was one of the pioneers of portable alpha. But his Epilogue to a new book on the topic reflects his concern with the direction it has taken.
Think the President's Working Group of asset managers is biased? Check out what European parliamentarians are reading.
There has been a flurry of news on the hedge fund regulation front over the past week. Here's a quick tour of all the excitement in the US and Europe.
Want to scan the new hedge fund guidelines from the President's Working Group, but can't stomach 67 pages of insomnia cure? Read this posting.
A leading economic commentator echoed what AIMA said last week - that hedge funds aren't the culprits in the credit crunch. His call: "blame the banks".