Senate evaluates taxes of private equity, hedge fund managers
Senate evaluates taxes of private equity, hedge fund managersThe Senate Finance Committee is reviewing the tax structures for private-equity partners and hedge fund managers in an effort to quell tax avoidance. According to a senior aide, "we are looking into instances where funds may be using tax strategies to convert what would be income into capital gains for tax advantage."
Full story tax, hedge fund, account managers, investments, risk, compliance, IRS, tax lawLabels: account managers, compliance, hedge fund, investments, IRS, risk, tax, tax law
Fraud ring prompts concerns on Wall Street
Fraud ring prompts concerns on Wall Street:The accusation that more than a dozen people were involved in a fraud ring on Wall Street illustrates why regulators and lawmakers are concerned about the Street's relationship with hedge funds. "Incidents like this strengthen the hands of those who are urging greater scrutiny of hedge-fund activities and their sources of information," said a former SEC general counsel now in private practice.
full story hedge funds, risk, fraud, compliance, insider trading, regulation, SECLabels: compliance, fraud, hedge funds, insider trading, regulation, risk, SEC
Weighing the risks, benefits of different risk models
Weighing the risks, benefits of different risk modelsPerhaps the first step a bank or other asset-management company must take when evaluating the role of risk management is deciding where the risk-management function should reside -- someplace under the chief investment officer, or functioning independently to support the COO. In this analysis, the author argues that there is no single solution that will work for every financial institution.
More on financial risk management modelsfinancial, risk, risk management, models, programs, IT, valuationsLabels: financial, IT, models, programs, risk, risk management, valuations
