Irving Picard Could Be Biggest Winner In Madoff Scandal
According to Bloomberg, Picard charges $5,803 for a day's work. And now 800 Madoff investors who are trying to recover the funds they lost in the sprawling Ponzi scheme, are understandably angry at the trustee's hefty pay day.
The SEC Registration Survival Guide
As a result of the Dodd-Frank Wall Street Reform and Consumer Protection Act, most hedge funds have to register with the SEC by July 2011. Here’s everything funds need to know about registration and how to remain in compliance with SEC rules.
The SEC Deadline Dawdle
A lawyer who works with hedge funds says some firms are dragging their feet when it comes to registering with the SEC. And they're only hurting themselves.
Fallout of the Flash Crash - One Year On
While the nation's top securities regulator contends there's no foolproof way to prevent a repeat of last year's "Flash Crash," experts argue the chances of a sequel are remote thanks to the safeguards put in place in its aftermath.
LexisNexis And Recommind Form Strategic E-Discovery Alliance
Through its hosted litigation solutions group, LexisNexis provides a service litigation offering which includes a hosted approach to managing discovery and pre-discovery documents that now offers access to Recommind's Axcelerate On-Demand.
SIFMA Throws Support Behind Dodd-Frank Deadline Extension
The Securities Industry and Financial Markets Association called for an extension of the July 21 deadline for new derivatives rules, arguing regulators don't have enough time to consider critical issues in the transformation of the swaps market.
The (Cloud) Tipping Point
Trusted financial services vendors are grabbing the cloud market away from the Amazons and Googles of the cloud world.