Category Archives: Financial Services

Financial Insurance for Start-Up Hedge Funds

Financial insurance for hedge funds

This article details the importance of financial insurance, a category of insurance designed to protect a hedge fund from professional and director level liability. Continue reading →

Understanding Start-Up Hedge Fund Insurance

Insurance for hedge funds

Having the right insurance policies in place might not necessarily be top of the to-do list when setting up a hedge fund. But to overlook this key business requirement is ill advised. Today’s hedge fund manager is under a barrage … Continue reading →

General Insurance for Start-Up Hedge Funds

General insurance for hedge funds

This article details the importance of general insurance, a category of insurance designed to protect a hedge fund from a wide range of risk factors. Continue reading →

Employee Benefits Insurance for Start-Up Hedge Funds

Employee benefits insurance for hedge funds

This article details the importance of employee benefits, a category of insurance focused on the omission in the administration of an employee benefit program. Continue reading →

Rakoff Overturned – But May Have “Won” Anyway

Rakoff decision vacated

A judge rejects an SEC settlement and the world was never the same. Three years ago, Judge Rakoff of the Federal District Court in Manhattan rejected Citigroup’s $285 million settlement with the SEC for fraud charges surrounding the issuance of … Continue reading →

Changes to the Approved Persons Regime

personal responsibility

In response to the 2013 Parliamentary Commission on Banking Standards report, the current Approved Persons regime for banks is being replaced with a strengthened regime for regulating senior individuals. Continue reading →

SEC Uses Infographic and Deferred Prosecution Agreement to Bring Insider Traders to Justice

SEC infographic: Insider Trading in Advance of eBay’s Acquisition of GSI Commerce

Insider trading has the attention of the U.S. Securities and Exchange Commission (SEC), as their litigation record proves, but a related settlement announced last week included a couple of firsts. Continue reading →

High-Frequency Whistle Blowing

Speed trader

The FBI has made an unusual public plea for help rooting out possible securities violations by high-frequency traders.  The FBI doesn’t usually go asking for such help from the financial community.  So what’s changed?   Well, three things have changed to … Continue reading →

5 Key Themes from the SEC’s Cybersecurity Roundtable

SEC Cyber Security

On March 26th, the U.S. Securities and Exchange Commission hosted a day-long roundtable to discuss cybersecurity and the ensuing issues and challenges for the securities markets and public companies. Continue reading →

Cyber Vulnerabilities of Tech and Telecom Companies— as Reported to the SEC

Cyber abstract (blue)

It is virtually impossible to do business today without using technology and telecommunications, both directly and indirectly, in the delivery and payment of goods and services.  “Critical infrastructure” is what the federal government labeled this sector. Continue reading →