Posted under Compliance Program,Insider Trading,Regulation on January 26th, 2009 by Judith Gross
Q: If hedge fund compliance professionals could roll back time and make one form of technology disappear, what would it be? A: Clearly, without question, hands down: email (and its cousin, instant messages) No matter how many warnings and explanations are given, the spate of wacky, stupid and worst of all, self-implicating, emails and IM’s by [...]
Posted under Regulation,SEC on January 16th, 2009 by Judith Gross
In a report dated January 14, 2009, the GAO sets out a framework for a “modernization” of the US financial regulatory system — including hedge funds. The report starts out by enumerating several of the key changes that have brought to light “sigificant limitations and gaps” in the current regulatory environment. One of those key changes [...]
