...Peter McGowan; Kimberly Everitt Purpose This article aims to trace current developments in the treatment of the venture capital industry in the European Union (EU), including recently proposed legislation. Design/methodology/approach This article provides an analysis of current EU venture...

...Dermot Turing; Marc Benzler; Frédérick Lacroix Purpose This paper aims to draw some overall conclusions and suggest a general approach financial institutions might take in response to all the different countries' recent financial reform legislation. Design/methodology/approach The paper lays...

... of funds and account use [emphasis added]. Betty Santangelo is the corresponding author and can be contacted at: betty.santangelo@srz.com © Emerald Group Publishing Limited 2010 Financial services Regulation Legislation The Guidance starts with background that assumes...

... Regulation Legislation Securities The Court did affirm the district court's dismissal of the plaintiffs' claim alleging breach of fiduciary duty with respect to advisory compensation under Section 36(b) of the Investment Company Act of 1940. The district court held that the breach of fiduciary duty...

... actions and the public statements that reached investors was too tenuous, the Second Circuit held that it lacked subject matter jurisdiction. Financial services Securities Legislation On June 24, the Supreme Court held that §10(b) of the Securities Exchange Act of 1934 (“Exchange Act...

... at an annual rate of 1 percent over the next five years. You also will pay marketing and services fees of 0.25 percent for as long as you own the fund” [4] . Financial services Regulation Legislation Unit trusts The US Securities and Exchange Commission's discomfort with the concept...

..., combined with the redoubled self‐policing efforts of market participants, will cause policymakers to seek appropriate legislation that will not threaten the preservation of the OTC derivatives market in the USA. Originality/value The paper presents a clear and detailed guide and explanation of recent...

... “scheme liability.” Andrew Edison can be contacted at: Andrew.Edison@bgllp.com © Emerald Group Publishing Limited 2008 Legislation United States of America Securities Fraud Liability In the fall of 2007, the United States Supreme Court heard oral arguments in a case billed...

... government communications, legislative proposals, industry newsletters and seminars, and other related sources. Findings US regulation surrounding hedge funds is in a state of flux. Substantially more pension money being invested in hedge funds has become a very important factor in the discussions. Hedge...

.... It is also beneficial for an adviser to require its employees to trade only through an affiliated broker‐dealer. Originality/value Provides a detailed discussion of personal trading policies that apply to hedge fund managers. 2006 Fund management Legislation Managers Investment advisers...

... (a)(11) requires that a separate memorandum be prepared that memorializes the basis of the recommendation. © Company 2006 Records management Financial institutions Securities Legislation United States of America To comply with the requirements of Paragraphs (a)(7) and (a)(11...

.... Compliance costs Securities Legislation Money laundering The term “compliance” appears to have originated in the United States referring to the need to comply with the 1930s Securities laws that were enacted there. Within the United Kingdom, the term compliance first appeared around 1985 when...

... to such institution.” © Emerald Group Publishing Limited 2005 Money laundering Financial institutions Legislation In December 2005, the Financial Crimes Enforcement Network of the Department of the Treasury (“FinCEN”) published final regulations 1 implementing the foreign (i.e. non‐US...

... in the new rule release that are likely to affect the conduct of registered offerings. Legislation Securities © Emerald Group Publishing Limited 2005 ...

... advisers as they prepare for a new regulated environment. © Emerald Group Publishing Limited 2005 Financial management Legislation Financial markets On October 26, 2004, the US Securities and Commission (“SEC” or “Commission”) adopted a rule and rule amendments that require advisers...

... European directives Legislation © Emerald Group Publishing Limited 2005 Market order execution untimeliness; Limit order execution untimeliness; Price disimprovement; Price improvement; Limit order display; Limit order protection; Unfilled marketable orders; Parking...

... of the background and remaining issues related to the SEC's 2005 Final Rule on application of the Adviser's Act to broker‐dealers offering certain non‐traditional brokerage programs. © Emerald Group Publishing Limited 2005 Securities markets Financial management Legislation Like the 1999...

... the location from which the associated person is directly supervised [23] . As well, such securities activities must be conducted through, and supervised by, the associated person's designated branch office. © Emerald Group Publishing Limited 2005 Legislation Stock exchanges United States...