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Tag Archives: customer segregated accounts

JLN Managed Futures: Hedge Funds Up 0.35% in May; The Rise of the Virtual Adviser; Managed futures death greatly exaggerated Managed Futures,Newsletter

Observations/Commentary A Fresh Look: Gate 39’s Stiles Brings New Tear Sheets and CTA Database To Managed Futures Shane Stiles, founder of Gate 39 Media, hasn’t seen much he likes about the managed futures and hedge funds investor reports, so he built out a new tearsheet design application. Now he wants to help investors and fund managers find each other with a new database. Watch the video » To see the full layout and design: click HERE. Is Pro Rata an Accident Waiting to Happen? Special Report by Ginger Szala – Advantage Futures The New Year surprise happened fast: the…

Confirmations: NFA and CME’s Financial Regulation,Video

Chris Hehmeyer

The fraud at Peregrine Financial Group was uncovered in July 2012 by the National Futures Association (NFA) which used an electronic bank account confirmation system. (See Confirmations: Plugging Into Electronic Confirmations) In November 2012, the NFA and CME Group announced they would implement an electronic confirmation system for futures brokers. The system, operated by AlphaMetrix, provides a comprehensive check and match of what FCMs say they have in customer funds with what banks say they have. Chris Hehmeyer, CEO of HTG Capital Partners and chairman of the NFA, says the new system will help regulators and customers assure such a…

Daily Reports: Tell Us Where The Money Is Regulation,Video

Daily Reports: Tell Us Where The Money Is

In the months and days since MF Global’s collapse and the Peregrine Financial Group’s fraud, some have argued simply for more transparency from futures commission merchants (FCMs).  Scott Gordon, chairman and CEO of Rosenthal Collins Group, said his firm publicly discloses how customer funds are being invested and held by the firm. In Rosenthal Collins’ case, the firm reports its cash deposits held at US banks, funds held in US Treasury securities, as well as its how much is being held by clearing houses and clearing brokers and US banks. This type of transparency could be the difference in building…