Risk
SEC Accuses Kraken of Operating Unregistered Securities Exchange
The charge will only stick if the court agrees with the SEC that the tokens involved are, indeed, securities.
Tag: Seward & Kissel
Asset Allocation
Mature Asset Managers Increase Hedge Fund Market Share to 84%
Seward & Kissel’s annual report based on fund side letters attributed the gain to a fundraising advantage over newer firms trying to establish a toehold.
Research
Hedge Funds’ Side Letter Usage Remains Constant, as Redemptions Continue
51% of all investors using the individualized agreements are fund-of-funds investors, while $20.75 billion was redeemed from hedge funds in September.