Jim Nash (pictured), director at compliance consulting and outsourced broker/dealer firm Foreside, is urging ETF issuers to call their compliance consultants now as the December 2020 deadline looms for compliance with the ETF rule, rule 6c-11.
The SEC has postponed the resolution of the application filed by Direxion Investment for a series of ETFs designed to track the performance of Bitcoin.
Founded in 2002, the Chartered Alternative Investment Analyst Association (CAIA) has gone from strength to strength in the alternative investment education arena.
William Kelly (pictured), CAIA CEO, joined in 2014 and declares that, while it's been an interesting run, the value proposition of alternatives is alive and well.
A new ETF provider is set to launch a range of fixed income funds targeting European institutional investors including insurance companies, pension funds, asset managers, private banks and wealth managers.
Dave Shastri, the 18-year veteran of Bank of Bermuda and alternatives fund administration generally, is chief strategy officer of Truss Edge – a business designed to offer support to fund managers and one that is targeting the ETF industry.
Carne Group has been appointed by HANetf to provide Compliance, Designated Persons, Global Registration and Money Laundering Reporting Office services.
DMS Governance (DMS) has launched its US Regulatory Compliance services, designed to support US-based investment advisers in improving the quality and increasing the ease of compliance with their regulatory responsibilities.
BNP Paribas, Credit Suisse, Morgan Stanley and Societe Generale are among the latest clients to join Deutsche Bank, Goldman Sachs and JP Morgan in selecting Tradeweb’s Approved Publication Arrangement (APA) service.
Investment managers running UCITS funds or Alternative Investment Funds (AIFs) will not fall directly under MiFID II or have any legal obligation to comply with regulation or require a MiFID license. However, from a product governance perspective, they will be impacted indirectly. This is because their fund distribution partners, such as MiFID licensed bank platforms, will be required to define the investor target market for each product.
Anyone who has bought or sold a home knows that, prior to closing, an inspector usually verifies the property's condition. The buyer doesn't simply accept the seller's representation that the home is sturdy and unlikely to collapse. An inspection lays bare the houses faults, giving the buyer comfort in the home's condition and absolving the seller of ongoing responsibility.