The CFTC and SEC Are Offering Large Rewards to International Whistleblowers That Properly Expose International Hedge Fund Fraud - by International Securities Fraud Whistleblower Lawyer Jason S. Coomer

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Are Offering Large Rewards and Bounties to International Whistleblowers That Properly Expose International Hedge Fund Fraud, International Investment Fraud, False Accounting, Investment Derivative Fraud, Government Official Bribes, and International Investment Fraud - by International Hedge Fund Fraud Whistleblower Lawyer Jason S. Coomer

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are offering large financial rewards and bounties to International Whistleblowers that properly expose international hedge fund fraud, international securities fraud, corporate false accounting, government official bribes, and corruption in the Financial Services Industry.  These new International Whistleblower Bounty Laws have been enacted to encourage international financial services professionals, high end investors, government officials, international regulators, and other individuals with knowledge of securities fraud, hedge fund fraud, derivatives fraud, financial services government bribes, investment fraud, corporate false accounting, and other SEC violations and CFTC violations, to expose the fraud and corruption.  These new international whistleblower reward laws offer large financial rewards and whistleblower protections for persons including international whistleblowers that qualify and expose significant fraud and corruption.

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Are Regulating Hedge Funds Including Implementing Dodd-Frank and Entering into International Agreements Regarding Hedge Fund Regulations

The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are moving forward with regulation of the financial services market including regulation of hedge funds.  This financial services regulation includes international agreements with several governments regarding comprehensive arrangements to improve the oversight of regulated entities, including hedge funds, that operate across national borders. 

The implementation of the Dodd-Frank Wall Street Reform Act passed in July 2010 has increased regulation of financial companies, including large United States based hedge funds, international hedge funds, and smaller United States state based hedge funds. More specifically, the act requires advisers with private pools of capital exceeding $150 million or more in assets to register with the SEC.  As such, the hedge fund advisers of these hedge funds became subject to all rules which apply to registered advisers by July 21, 2011. Previous exemptions from registration provided under the Investment Advisers Act of 1940 no longer apply to most hedge fund advisers.

In addition to large hedge funds based in the United States, international hedge funds with more than 15 US clients and investors, and managing more than $25 million for these clients, also have to register with the SEC.  These international hedge funds will also be regulated by the SEC and subject to SEC rules.

Hedge fund managers based in the United States who have less than $100 million in assets under management are overseen by the state where the manager is domiciled and become subject to state regulation.  These mandatory registrations of hedge fund advisers was supported by the largest hedge fund trade group, the Managed Funds Association (MFA)

Dodd-Frank also required hedge funds to provide information about their trades and portfolios to help regulators fulfill their obligation to monitor and regulate systemic risk. The aim was for this data to be analyzed and shared among regulators – including the newly created Financial Stability Oversight Council – and for the SEC to report to Congress on how the data is being used to protect both investors and market integrity. Under the so-called "Volcker Rule", regulators are also required to implement regulations for banks, their affiliates and holding companies to limit their relationships with hedge funds and also to prohibit these organizations from proprietary trading, and limit their investment in, and sponsorship of hedge funds.

The SEC has entered into comprehensive arrangements called “memoranda of understanding” (“MOU’s”) with about international authorities including the European Securities and Markets Authority (ESMA) as part of long-term strategy to improve the oversight of regulated entities, including hedge funds, that operate across national borders. These arrangements detail procedures and mechanisms by which the SEC and its counterparts can collect and share investigatory information where there are suspicions of a violation of either jurisdiction’s securities laws.

For more information on this topic, please feel free to go to the following web page: The Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Are Offering Large Rewards and Bounties to International Whistleblowers That Properly Expose International Hedge Fund Fraud, International Investment Fraud, False Accounting, Investment Derivative Fraud, Government Official Bribes, and International Investment Fraud by International Hedge Fund Fraud Whistleblower Lawyer, International Securities Fraud Whistleblower Lawyer and International Investment Derivatives Fraud Whistleblower Lawyer Jason S. Coomer