Your English writing platform
Discover LudwigExact(48)
Ms. Morris-Hatch began researching whether a clearinghouse for fund trades could be created.
The actions are the first by regulators related to financings by banks of mutual fund trades made by hedge funds.
The trades in the hedge funds were processed through Security Trust, an intermediary in the processing of mutual fund trades.
The company's mutual fund trades did not involve "any preferential treatment" from fund companies, Wilshire said in a statement.
The hedge funds routed mutual fund trades by these accounts through brokerage firms or other third parties.
This is one reason why KKR's listed fund trades below its net asset value.So, as admired as Blackstone is, a public offering would bring new risks.
Similar(11)
The SPDR S&P Homebuilders, an exchange-traded fund, traded up 4.6% to close at $15.85.
"It's like a hedge fund trade.
The inquiry was into suspected improper fund trading.
All were accused of illegal mutual fund trading.
A hedge fund trade group feared that the rule was "overly aggressive".
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com