...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...

... Financial institutions Securities Legislation United States of America Rule 204‐2 is organized into 12 paragraphs, (a) through (l). Each paragraph concerns a different record requirement. Although Rule 204‐2 covers many different records, these records fall into two groups: typical accounting...

... … .y Regulatory Organization.”). This was all swept away with a new piece of legislation, the Financial Services and Markets Act (FSMA) of 2000. This marked the advent of statutory as opposed to self regulation in the UK. The term “compliance” appears to have originated in the United States...

... of risk posed by the account. © Emerald Group Publishing Limited 2005 Money laundering Financial institutions Legislation 1. The Private Banking Rule requires each covered financial institution to establish and maintain procedures that are reasonably designed to detect...

... 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 Commentary...

... 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...

... under the Securities Act of 1933 more efficient and to eliminate unnecessary and outmoded restrictions on registered offerings. Originality/value A practical guide to the new communication, registration, and offering rules. © Emerald Group Publishing Limited 2005 Legislation Securities...

...; Off market fair pricing; Abusive squeezes; Insider trading ahead of material news; Employee trading on insider information; Employee shading a customer account. © Emerald Group Publishing Limited 2005 European Union European directives Legislation In December 2002...

... or client records are outside the scope of the SEC's purview. They will also find that the SEC focuses not only on the technical requirements of the Advisers Act, but also on broader concepts regarding conflicts of interests and other anti‐fraud issues. Financial management Legislation Financial...