Foreign exchange
SEC fund reforms may cost investors
Efforts by the US Securities and Exchange Commission (SEC) and legislators to reform mutual fund practices following late trading and market-timing scandals in the US last year may ultimately impair performance and cost investors more in fees and charges.
Smothered by red tape
In response to a string of dubious structured finance transactions (remember Enron?), the ever-watchful regulators have proposed a set of guidelines which observers fear could choke the market.
SEC fund reforms may cost investors
Efforts by the US Securities and Exchange Commission (SEC) and legislators to reform mutual fund practices following late trading and market-timing scandals in the US last year may ultimately impair performance and cost investors more in fees and charges.
Smothered by red tape
In response to a string of dubious structured finance transactions (remember Enron?), the ever-watchful regulators have proposed a set of guidelines which observers fear could choke the market.
SEC fund reforms may cost investors
Efforts by the US Securities and Exchange Commission (SEC) and legislators to reform mutual fund practices following late trading and market-timing scandals in the US last year may ultimately impair performance and cost investors more in fees and charges.
Pulp friction
Power
Storing up trouble
Power
James Newsome
Power
Buyouts are back
Power
Covering all the bases
Power
Teething troubles
Power
The matrix
Power
A fresh landscape
Power
Good neighbours
Power
Texan retail therapy
Power
Compliance: The Shot Heard 'Round the World
Regulatory compliance means different things in Europe and the States. Waters looks at who's ahead and how culture helps define the solutions.
Lotsoff automates compliance with Dataware's PTAconnect
Lotsoff Capital Management, a $3.5 billion investment manager active in equities, traditional fixed income and hedge fund strategies, has implemented Dataware Solutions' PTAconnect web-based personal trading compliance system.
Agencies postpone implementation of Central Data Repository
The Federal Financial Institutions Examination Council (FFIEC) Call Report Agencies (Federal Deposit Insurance Corporation (FDIC), the Federal Reserve Board and Office of the Comptroller of the Currency) have postponed the implementation of the new…
Dominion agrees price for USGen assets
Virginia-based energy producer Dominion looks set to acquire three power plants from Maryland-based USGen New England for $656 million. However, an auction process is due to take place before the deal closes to ensure no other bidders are willing to top…
Op risk qualification launched in UK
The Securities Institute, a trade association, and consultants Ernst & Young have created a formal operational risk qualification for UK professionals.
ABN Amro wins China derivatives licence
ABN Amro last week joined the elite group of foreign banks authorised to trade foreign exchange derivatives in China after winning a licence from regulator the China Banking Regulatory Commission, reports RiskNews’ sister publication, FX Week .
NAB to reopen options desk
National Australia Bank (NAB) hopes to reopen its currency options desk in the "near term", said chairman Graham Kraehe last week, reports RiskNews' sister publication, FX Week .
Critical voices
The final Basel II framework has been welcomed by banks, regulators and industry bodies around the globe, but there are still some concerns about certain aspects of the Accord. Bob Pickel, chief executive of Isda, gives the association's views on the new…
Chinese regulator extends derivatives transition period
The China Banking Regulatory Commission (CBRC) has extended the transition period for its new derivatives licensing regime, giving banks an extra three months to get licences in place that will allow them to trade derivatives onshore.