... No‐action relief Commodity markets Fund management Dodd‐Frank Wall Street Reform and Consumer Protection Act of 2010 Commodity pool operator Registration Exemption Changes to the US Commodity Exchange Act (the CEA) made by the Dodd‐Frank Wall Street Reform and Consumer Protection Act of 2010...

...Peter McGowan Purpose This article aims to outline in depth the European Commission's adopted implementing rules (the Regulation) for the Directive on Alternative Investment Fund Managers. These new regulations have been eagerly awaited by private equity fund managers and their investors who have...

... to the potential conflicts of interest present. Diane E. Ambler can be contacted at: diane.ambler@klgates.com © Emerald Group Publishing Limited 2011 Fund management Financial institutions In meetings with many fund boards during a period of about two years, Director Donohue received...

...Beth Alter; Lauri Goodwyn Purpose This paper aims to analyze various issues a hedge fund manager should consider prior to executing any electronic trading agreement with a prime broker. Design/methodology/approach The paper discusses how hedge fund managers use electronic trading platforms...

... funds may provide that, until December 31, 2009: Banks Fund management Italy “Hedge fund” is not even a legally defined term under the Italian regulatory regime, which prefers to classify alternative financial instruments of this type, other than the regulated investment funds...

... protection. It recommends that hedge fund managers adopt comprehensive best practices in all aspects of their businesses, including the following five key areas: disclosure; valuation; risk management; trading and business operations; and compliance, conflicts and business practices. The Investors' Committee...

...Majed R. Muhtaseb Purpose The objective of this research is to educate investors and hedge fund industry stakeholders about a hedge fund manager's alarming activities prior to recognition of the fraud by the authorities. The lessons serve as red flags to stakeholders in the hedge fund industry...

...Vivien Teu Purpose The purpose of this paper is to explain the Rules on the Establishment of Operations in Hong Kong by Securities Investment Fund Management Companies, issued pursuant to Supplement 4 to the Closer Economic Partnership Arrangement, under which PRC domestic fund management...

... to the plaintiff's argument as an opportunity to “disapprove” the Gartenberg standard. The court's criticism of Gartenberg proceeded on two related tracks: United States of America Courts of appeal Fund management Financial control On May 19, 2008, the United States Court of Appeals for the Seventh...

...William McGuiness; Peter L. Simmons; Robert C. Schwenkel; John E. Sorkin Purpose The purpose of this paper is to explain the implications of a June 11, 2008 decision by the US District Court for the Southern District of New York in CSX Corp. v. The Children's Investment Fund Management (UK) LLP...

... and regulations that apply to the marketing of hedge funds. © Company 2006 Fund management Financial markets United States of America Under Section 15 of the Exchange Act, any person deemed to be engaged in the business of effecting transactions in securities for the account of others...

...Thomas S. Harman; Monica L. Parry Purpose To provide a detailed description of personal trading policies that apply to hedge fund managers. Design/methodology/approach Summarizes Sections 206(1) and (2) of the Investment Advisers Act of 1940 (“Advisers Act”), particularly with regard t...

.... Originality/value Provides an up‐to‐date analysis of factors that private funds should consider concerning SEC registration in light of the recent Goldstein decision. © Company 2006 Fund management Financial management Investments The D.C. Court of Appeals' June 2006 decision...

...Ian Levin; Kevin Scanlan Purpose To discuss possible disadvantages and other implications for private investment fund managers of issuing side letters to certain investors. Design/methodology/approach Discusses the relatively common practice of issuing side letters; issues surrounding side...

... to mutual fund scandals since 2003. © Emerald Group Publishing Limited 2006 United States of America Unit trusts Fund management In response to the mutual fund scandals first uncovered in 2003, a broad range of reform initiatives has been undertaken resulting in significant changes...

... federal income tax considerations, particularly in the circumstance where the fund manager includes, at least in part, persons who are US individual taxpayers. The structures described here, including limited partnerships organized under US law, offshore investment companies, and master‐feeder structures...

... 1971, only one fund has broken that stable $1.00 NAV and been forced to liquidate, although a number have avoided “breaking the dollar” only by an infusion of capital from their fund managers [13] . In 1994, Community Bankers US Government money market fund, a small fund that invested in risky...

... For smaller hedge fund managers who have recently registered with the SEC and desire to sponsor a new registered fund product as part of their advisory business, converting and registering an existing hedge fund is a viable alternative to forming an entirely new fund. The conversion process involves...