Wall Street Bonuses In Regulators’ Sights

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Wall Street Bonuses In Regulators’ Sights

Federal regulators plan to finalize rules governing employee compensation on Wall Street, potentially concluding one of the most divisive outstanding issues in financial reform. The rules, mandated by the Dodd-Frank Act in 2010, would include a clawback provision to discourage bankers from the kind of short-term profit-seeking that pads paychecks but heightens risks. According to the…

Investors Flock To Hedge Funds As Markets Recover

Hedge FundsAccording to a recent Credit Suisse survey, investors are more interested in hedge funds than any other major asset class going into the second half of the year. Q1 2020 hedge fund letters, conferences and more This is a big switch from investor sentiment in the first half of 2020. Indeed, hedge fund launches slowed Read More