turmoil

Hedge Funds

Madoff aftermath could see SEC and CFTC merge

Bernard Madoff’s alleged US$50 billion Ponzi scheme is breathing new life into Bush-era proposals that could subject money managers to a new layer of regulation as well as a merger of the SEC and the CFTC, financial industry lobbyists said last month. The regulatory proposal, if enacted, would subject money managers for the first time […]