High speed trading and the use of algorithms is a key topic of debate. An investment strategy centered on an algorithm for use in the currency markets is at the center of a settled administrative proceeding filed by the Commission. The difficulty in the...
Traditionally, private fund managers have looked at the
section 3(c)(1) or section 3(c)(7) exemptions from the definition of
"investment company" to avoid the restrictions of being regulated under the
Investment Company Act. Dodd-Frank defined...
Fund managers are dealing with Dodd-Frank and the
requirements under the Investment Advisers Act made by the Securities and
Exchange Commission. Of course, a fund manager needs to focus on other areas of
financial regulation and enforcement by the...