News For May 26, 2011

Investcorp provides seeding to hedge fund led by former Goldman Sachs managing director
May 26, 2011

Alternative asset manager Investcorp has provided seed capital to Prosiris Capital Management, the New York hedge fund led by former Goldman Sachs managing director Reza Ali.


Hedge funds trading FX could be caught out by Dodd Frank
May 26, 2011

Non-US hedge funds trading in FX could be forced to find new US counterparties if they want to avoid being inadvertently fined for non-compliance by US regulators under some of the more obscure provisions in the Dodd Frank Act.


ESMA chairman warns against regulatory arbitrage over EU short-selling rules
May 26, 2011

European Union (EU) rules curtailing the naked short selling of sovereign debt and bonds must not result in regulatory arbitrage among member states, according to Steven Maijoor, chairman of the European Securities and Markets Authority (ESMA).