Regulators have signaled they want heightened disclosure requirements for under-the-radar family offices.
The Securities and Exchange Commission is investigating Archegos Capital Management for market manipulation that may have occurred before the now-defunct family office defaulted on debt-laced investments this March, BloombergFriday, signaling regulators are doubling down on oversight of risky investments after a saga that roiled global markets and sparked $30 billion in sudden losses....
Archegos' founder, former hedge fund trader Bill Hwang, has not been accused of wrongdoing, according to the report, which noted the regulatory review is in preliminary stages and may not lead to an enforcement action.with the SEC in a 2012 insider trading and market manipulation case, and his former firm, Tiger Asia Management, pleaded guilty to the charges.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
The Truce Between Rivals Texas and Oklahoma That Led Them to the SECSworn enemies on the football field, the Longhorns and Sooners launched a secret alliance aimed at securing a more lucrative future for both of them.
Lire la suite »
An SEC Rule Was Meant to Protect Individual Investors. Chaos Ensued.Thousands of stocks and bonds in the over-the-counter market are now out of reach for small investors. Professionals are still trading.
Lire la suite »
10 White Elephant Gift Ideas That Will No-Doubt Be A Hit At Any Holiday PartyIt's time to get ahead of the game, bestie. 🎁
Lire la suite »
Elon Musk's SpaceX Reportedly Lands $100 Billion Valuation In Private Investor TransactionsThe valuation marks a 33% increase from the space exploration company's last funding round in February.
Lire la suite »
The Making Of New York’s $150 Million ‘Cannabis Campus’Ben Kovler’s Green Thumb Industries is expanding its $5.7 billion empire in the Empire State with a lavish new grow facility to compete in the booming marijuana market.
Lire la suite »
An Italy-Inspired California Home With a Retractable Roof and Life-Size Chess Set Asks $29.995 MillionThe founder of St. Tropez self-tanning products is listing her Italianate mansion in Calabasas for nearly $30 million
Lire la suite »