research Archives - Managed Funds Association

MFA Submits Response to ESMA on Consultation and Discussion Papers on MiFID II and MiFIR08.01.14

MFA submitted its response to the European Securities and Markets Authority’s (ESMA) consultation and discussion papers regarding the implementation of […]

Click to expand relevant topics

Topics: MiFID MiFIR, MiFID II, ESMA, European Securities and Markets Authority, consultation paper, regulatory framework, systemic risk, Investor Protection, transparency, liquidity, straight-through processing, derivatives markets, algorithmic trading, high frequency trading, market participants, position limits, cash-settled contracts, physically settled, derivatives, pre-trade transparency waivers, post-trade transparency, trading venues, professional investors, research, clearing member, Derivative Contracts, clearing, central counterpary, CCP, OTC derivatives, margin, execution, request for quote system, financial instruments, Liquidity Profile, competent authorities, economically equivalent swap, market disruption, T+1 reporting, EMIR, confidentiality, third country, latency, unbundling, inducements,

MFA Submits Comments to UK FCA Responding to Consultation on Use of Dealing Commissions02.25.14

MFA submitted comments to the UK Financial Conduct Authority (FCA) in response to its consultation on the use of dealing […]

Click to expand relevant topics

Topics: Financial Conduct Authority FCA, United Kingdom, dealing commission, consultation paper, transparency, conflict of interest, traditional fund management industry, hedge fund industry, retail investor, sell-side firms, trade execution, research, institutional investors, sophisticated investors, due diligence, Broker, hedge fund manager, hedge fund investors, brokerage, efficient trading decision, reasonable grounds, original thought, corporate access service,

MFA Submits Letter and White Paper on Protection of Non-Public, Sensitive, and Proprietary Information by FSOC Members05.22.13

MFA submitted a cover letter and white paper to each member of the Financial Stability Oversight Council (FSOC) on the […]

Click to expand relevant topics

Topics: FSOC Financial Stability Oversight Council, market structure, SEC, CFTC, CTA, CPO, Securities and Exchange Commission, Commodity Futures Trading Commission, Dodd-Frank Act, market participants, financial stability, Managed Funds Association, Department of the Treasury, Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, Federal Deposit Insurance Corporation, FDIC, Federal Housing Finance Agency, National Credit Union Administration, Office of Financial Research, Federal Insurance Office, data collection, research, trade sectrets, liquidation, investment advisers, Richard H. Baker, U.S. House of Representatives Committee on Financial Services, data repositories, Trading Activities, harmonization, U.S. securities law, commodity pool operator, commodity trading advisor, self-regulatory organization, SRO, intermediary, broker-dealer, futures commission merchants, FCM, swap data repository, SDR, clearinghouses, systemic risk, Form PF, Form CPO-PQR, Form CTA-PR, registered investment adviser, adviser registration, substituted compliance, confidentiality, inspector general reports, Reverse Engineered, Trade Secrets, front running, SEC Office of Inspector General, Andrei Kirilenko, Adam Clark-Joseph, Jaksa Cvitanic, high frequency trading, National Institute of Standards and Technology, NIST, reporting, President Obama, information security program, Rulemaking, Council of Inspectors General on Financial Oversight, CIGFO, Security-Based Swap Data Repositories, SBSDR, Designated Clearing Organizations, DCO, Richard A. Shilts, legal entity identifiers,

Comment Letter to Massachusetts Department of Revenue on its Working Draft Directive for Professionally Managed Funds07.20.11

MFA filed a comment letter with the Massachusetts Department of Revenue in response to the Departments draft directive on the […]

Click to expand relevant topics

Topics: Massachusetts Department of Revenue Professionally Managed Funds, passive investors, trading securities, U.S. Supreme Court, individual investors, positions, trading activity, safe harbor, bright line test, apportionment test, Holding Period, Internal Revenue Service, IRS, federal income tax, investment-related income, partner, partnership, frequency of transactions, volume of trades, leverage, swaps, derivatives, passive investor, trader status, managed funds, private equity, venture capital funds, continuity, regularity, sophisticated trader fund, hedging, capital appreciation, research, valuation, accounting, reporting, cash management, compliance, risk management, prime brokerage, custodian accounts, credit facilities, securities lending, financing, clearance, settlement, cash management services, third party investors, large equity position, sector-specific risk, long equity positions, short positions, sector-related, currencies, commodities, net long, net short, redemption restriction, apportionment of expenses,

Comment Letter to Responding to ESMA’s Call for Evidence Regarding Level 2 Implementation of the Alternative Investment Fund Managers Directive01.14.11

On January 14, MFA submitted comments to the European Securities and Markets Authority (ESMA) in response to a call for […]

Click to expand relevant topics

Topics: Committee of European Securities Regulators European Securities and Markets Authority, ESMA, AIFMD, third country managers, EU investors, European Commission, Dual National Private Placement, EU Passport Regimes, Third Country Fund Managers, G-20, Non-EU Alternative Investment Fund Managers, EU Sub-Managers, assets under management, alternative investment funds, AIFs, Standard of Liability, hedge funds, investment strategies, Underlying Assets, redemption policy, Sub-Management, marketing, research, registered investment adviser, U.S. Securities Exchange Commission, SEC, Primary Manager, contractual relationship, Investment Management Agreement, gross assets, net assets, Trade Secrets, proprietary, Confidential Information, Private Investments Funds, Reverse Engineered, prime brokers, exchanges, swap data warehouses, U.K. Financial Services Authority, FSA, Capital Requirements Directive, CRD III, leverage, financial counterparties, broker dealers, risk monitoring, counterparty financial institutions, substantial basis, systemic risk, off-balance liabilities, overnight borrowing, term borrowings, liquidity rights, cooperation agreements, proprietary information, confidentiality, Double Counting, member state of reference, Legal Representative, Commercial Contract, Subscription Agreement,

MFA Comments on SEC-Proposed Guidance on Soft Dollar Practices11.23.05

MFA Comments on SEC-Proposed Guidance on Soft Dollar Practices

Click to expand relevant topics

Topics: Securities and Exchange Commission SEC, client commission practices, alternative investment industry, hedge funds, fund of funds, managed futures funds, hedge fund industry, money managers, client assets under management, brokerage, safe harbor, MFA's Sound Practices for Hedge Fund Managers, MFA's 2005 Sound Practices, Transactional Practices, documentation management, clearing, executing brokers, mixed-use allocations, documentation retention, research services, research, trade analytics, surveillance tools, compliance mechanisms, broker-dealer, post-trade execution, trade execution, self-regulatory organization, SRO, disclosures, soft dollar, good faith estimate, hedge fund managers,

MFA Comment Letters