SEC Announces Plan to Tighten Supervision of Asset Managers

Securities and Exchange Commission Chair Mary Jo White recently announced a three-pronged Commission reform plan to tighten supervision risks of asset managers. While the plan is still in the developmental stages, asset managers should expect new regulatory control requirements for portfolio composition and operational risks to be rolled out. White defines portfolio composition risks as… READ MORE

Hedge Fund Investor Group AOI Publishes Best Practice Principles

Hedge Fund Investor Group AOI Publishes Best Practice Principles Alignment of Interest Association (“AOI”) recently published guidelines to serve as a platform for discussion among hedge fund industry participants. Formed in 2008, AOI is an informal group of like-minded institutional investors who want fairer terms from hedge fund managers. Membership to the group is restricted… READ MORE

Oyster Consulting Hires George Jennison as President

Former Associate Director expands the executive team of the growing firm.   Oyster Consulting announced today that George Jennison has been named President. Prior to being named as President, George served as Associate Director, helping clients trade more efficiently and effectively while reducing operational risk, meeting regulatory reporting requirements, and serving customers’ needs. George brings… READ MORE