A Preview Of Hedge Fund Enforcement Trends For 2013

Law360, New York (January 7, 2013, 2:20 PM EST) -- In a recent speech before the Regulatory Compliance Association,[1] Bruce Karpati, Chief of the U.S. Securities and Exchange Commission’s Enforcement Division’s Asset Management Unit, suggested where the SEC may be heading regarding hedge fund oversight in the months to come.

Mr. Karpati both highlighted the SEC’s past enforcement activity concerning hedge funds (including several cases where the SEC alleged funds fraudulently overvalued their holdings) and signaled that the SEC’s emphasis on such activity will continue.

The Growing Role of Specialized Units Within the Enforcement Division...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.