Market jitters return. Dow drops 140 points Geopolitical risk reared its ugly head once again, sending stocks down, down, down Tuesday. Read more here.
As a network of companies that drives the world’s greatest economic and innovation engine, and as a nation, we simply are not prepared for cyber-attacks. Understanding the methodology, motivation, and techniques sophisticated hackers use to infiltrate organizations is paramount to effective network defense. Read more here.
How do you ensure food safety with tight margins and changing demand? Poultry processing plants are not just talking about food safety: they are proactively looking to enhance measures throughout operations, says CMS Technology. Read the full article here.
Hedge Funds Face Compliance Hurdles of AIFMD Alternative funds selling to European investors must meet ESMA’s strict guidelines for trader reporting, risk controls, and valuations — similar to SEC’s Form PF. Read more here.
Fatca legislation pierces corporate veil, says DMS Implications of the IGA regulations in Cayman for fund fiduciaries The US Foreign Account Tax Compliance Act (Fatca) has officially arrived in the Cayman Islands and spawned a new era of international tax compliance that was inconceivable only a few short years ago. Fund directors and other fiduciaries […]
Breaking Up Because of Basel III: It Was Good While It Lasted Across the global financial sector, Basel III’s capital and liquidity requirements are forcing banks to forego low-return capital consumptive activities and, in the process, they are dumping some customers, including hedge funds. Where can hedge funds turn to find new and meaningful relationships? […]
The NFL Alumni Association on Tuesday announced a partnership with Juvent Regenerative Technologies Corp. that makes it the official provider of dynamic motion therapy equipment for pro football retirees. The Mount Laurel-based association said the agreement will allow members to purchase Juvent devices at a discount, and Juvent will donate $100 to the Retired Players […]
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GATCA: Brace for FATCA on Steroids The US Internal Revenue Service didn’t make any friends among financial firms abroad when it imposed the Foreign Account Tax Compliance Act (FATCA) to make non-US financial institutions responsible for preventing tax evasion by US persons. Read more here.
Fund groups ‘not proactive enough’ as AIFMD deadline looms Many alternative investment managers have left their AIFMD applications to the last minute with less than 100 fully accredited for the alternatives rules that take effect next week. Read more here.
5 MLP Plays for Growth as Well as Big Payouts H. Kevin Birzer of the Tortoise MLP & Pipeline Fund has averaged 24% annual returns over the past three yrs. For investors looking for income and an energy allocation, the Tortoise MLP & Pipeline Fund has performed like a hare. The mutual fund (ticker: TORTX […]
US Fund Managers: Are You Cleared To Access EU Investors? The clock is ticking on the one-year transitional period for the European Union’s Alternative Investment Fund Managers Directive, meaning U.S. fund managers targeting European investors have just days left to brace for this new web of regulation, or risk leaving themselves open to serious liabilities, […]
How FATCA is impacting hedge funds – Kathleen Celoria of DMS Offshore Investment Services on the effect of FATCA on hedge funds and private equity.
Featured Article: Don’t Win The GIIN Battle But Lose The FATCA War by Kathleen Celoria, Executive Director, DMS Offshore Investment Services
root9B, a Premier Alliance Company, Names Dick Grasso to Advisory Board Former NYSE Chairman and CEO Joins cybersecurity panel NEW YORK, June 25, 2014 /PRNewswire/ — root9B, a Premier Alliance Group Company (OTCQB: PIMO), announced today that former NYSE chairman and chief executive officer Richard A. Grasso will join its Advisory Board, effective immediately. Read […]
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Hedge Funds Face Main Street Governance Hedge funds, which have trillions of dollars under management, are not generally subject to the same level of regulation as mutual funds. But as Main Street investors find themselves more exposed to hedge funds, the industry needs greater oversight. SEC mutual fund governance standards offer best practices. Read more […]
Shell to Sell Shares in U.S. Pipeline Unit Amid Energy Boom “Now you’ve got the first major and that’s got us excited,” Matt Sallee, who helps manage $17.5 billion at Tortoise Capital Advisors in Leawood, Kansas, including the first closed-end fund focused on MLPs. “It would not be surprising to see others follow suit. Shell’s […]
JVC, Paul’s TV Kick Off NFLA Sponsorships New York — JVC TV kicked off its recently announced sponsorship of the charitable NFL Alumni organization (NFLA) by revealing that it has selected 48-store national electronics chain Paul’s TV as a key partner to take the program, and JVC’s forthcoming Diamond-series Ultra HD TV line to the […]
Who is Franklin Square Capital Partners? Designed to give the public access to institutional quality alternative investments, Franklin Square Capital Partners (Franklin Square) “pioneered the use of” non-traded business development companies (BDCs), which allow the public to invest in the debt and equity of private companies. This year has been an eventful one for the […]
Shadow banks step into the lending void Warren Kanders can stop a bullet. He finds it harder to get a bank loan. The chief executive of Safariland, a Florida-based manufacturer of body armour and riot helmets, says trying to get bank financing has become painful. “There’s a lot of people out there that could use […]
root9B Enlists Key Advisors to Help Build its Growing Cybersecurity Business Former Director of the CIA and FBI, Judge William Webster, National Security Council alum Michele Malvesti and former Director of the Secret Service Lewis Merletti named to root9B panel with CEO Joe Grano root9B, a Premier Alliance Group Company (OTCQB: PIMO), announced recently the […]
NEW YORK, NY (June 11, 2014) – MetTel, a leading provider of IP-enabled communications solutions, today named Mark Timothy Marshall executive director of customer care. Marshall will oversee MetTel’s customer care team of dedicated account managers who handle customers’ day-to-day service requests for best-in-class voice, data, telecom expense management (TEM), and cloud solutions. Click here […]
DMS Sues Ex-Hedge Fund Exec To Head Off RICO Claims Law360, New York — Hedge fund advisory firm DMS Management on Thursday sued a director of a failed U.K. hedge fund in an attempt to bring to an end what it calls an “eight-month barrage of extortionate threats” to bring racketeering claims against it, according […]
DMS Offshore Investment Services Wins 2014 Hedgeweek U.S. Award NEW YORK, June 3, 2014 — For the second time this year, DMS Offshore Investment Services (DMS), the world’s largest fund governance firm, has been recognized for the quality of its regulatory advisory services by the readers of Hedgeweek, the influential international hedge funds magazine. Read […]
SAN ANTONIO, June 5, 2014 /PRNewswire/ — root9B, a leading provider of Cybersecurity services and training, recently assisted the 2014 National Collegiate Cyber Defense Competition (NCCDC) by providing advanced Cybersecurity capabilities for integration into the competition. The Center for Infrastructure Assurance and Security at the University of Texas at San Antonio (CIAS) started the competition […]
MetTel’s New Marketing Head Calls Agents ‘Most Important Channel for Growth’ MetTel, a provider of IP communications services, has hired a new head of marketing who calls agents “by far MetTel’s most important channel for growth.” Read more here.
NEW YORK, June 3, 2014 /PRNewswire/ — root9B, a Premier Alliance Group Company (OTCQB: PIMO), announced today the creation of an advisory panel of some of the most important figures in national security to assist in developing and marketing state-of-the-art cybersecurity solutions and training programs. Joe Grano, Premier Alliance Chairman and Chief Executive Officer, will chair […]
For a small group of engineers from PS&S, the days after Hurricane Sandy were spent walking the streets of Lavallette. Their task: inspect the storm-damaged homes to determine if they could be salvaged. It was just the beginning for the Warren-based firm after it joined a state task force aimed at rebuilding from the October […]