Hedge Funds & Prime Brokers 2nd - Softcover

Mark Berman (ed)

Softcover

ISBN 10: 1904339999 ISBN 13: 9781904339991

Publisher: Risk Books, 2010

Synopsis

The financial crisis is reshaping the hedge fund industry. Governments wish to regulate hedge funds. Prime brokers have curtailed funding, which impacts hedge fund trading and profitability. Regulators are bringing increasing numbers of hedge fund fraud and ponzi scheme cases. How will hedge funds and prime brokers respond? This is the first book that discusses all the regulatory proposals for the hedge fund industry in the major jurisdictions. Hedge Funds and Prime Brokers, Second Edition explores the ever-changing and dynamic hedge fund-prime broker relationship, with contributions from some of the world's experts in investment, law and regulation. This comprehensive guide builds on the best selling coverage of the first edition, with new coverage and new contributors. This new edition of Hedge Funds and Prime Brokers provides the first, and only, analysis of the impact of the global credit crisis and the emerging governmental and regulatory agenda on the hedge fund-prime broker relationship. New and completely revised chapters in the book address: * The changed relationship between hedge funds and prime brokers * Trading and economic factors that drive the relationship, pre- and post-credit crisis * The changing legal and regulatory landscape * What key clauses in prime brokerage agreements really mean * Conflicts of interest * Key issues in litigation, reorganisation and insolvency Hedge Funds and Prime Brokers Second Edition is critical reading for fund managers, hedge funds, investors, law firms, in-house legal and compliance departments, regulators, securities professionals, investment bankers, accounting professionals, treasurers, the financial services community, corporate governance professionals and practitioners working in listing rules or markets activity.

About this title

About the Author:

Mark Berman the founder and a principal of CompliGlobe Ltd., advises and has advised hedge funds, investment managers, multi-national banks and investment firms on cross-border regulatory, compliance and AML matters. He is the editor of and a contributor to Hedge Funds and Prime Brokers (Oct 2006, Risk Books) and SEC Regulation outside the United States, 6th Edition (Dec 2007, Risk Books).

He was a senior lawyer with the London Stock Exchange where he advised on market supervision, surveillance, commercial and inter-exchange and regulatory matters, drafted the 1994 re-write of the trading rules and negotiated the Exchange-Thomson-ISMA inter vendor link agreement. In nearly 15 years of industry experience and apart from his time as a regulator, he held positions as head of legal and compliance, compliance officer, MLRO and assistant company secretary, and chaired and served on new product committees.

Mark writes articles, conducts training programmes on and speaks regularly at local, regional and global seminars on hedge fund developments and cross-border regulation. He is a Trustee of the SEC Historical Society and a member of the BSF Hall of Fame.

About this edition

• Publisher: Risk Books
• Publication date: 2010
• ISBN 10: 1904339999
• ISBN 13: 9781904339991
• Binding: Paperback
• Edition number: 2
• Number of pages: 300