Trouble in the family: regulators’ options after Archegos

What rule changes are needed in response to the messy collapse of Bill Hwang’s firm?

“Evil, dark pools of capital that nobody can see and nobody regulates” – that’s how family offices, according to a lawyer at one such US firm, are widely and unfairly perceived since the messy default of Archegos Capital Management.

While these secretive firms may not be evil, market participants agree regulatory changes are necessary to prevent a repeat of the market drama that accompanied the unravelling of Archegos. Three measures have been proposed: capturing total return swaps (TRS) as

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here