Investment management firm Pretium jumps into legal finance – Reuters

New “legal opportunities team” led by Big Law alums to have broad focus Group will work with corporations, law firms (Reuters) – Pretium Partners LLC, an investment management firm that specializes in residential, corporate and structured credit, has launched a new legal investment group. New York-based Pretium has about $26 billion in assets under management, […]

OTC derivatives clearing: no turning back – Risk.net

Global regulators have been cajoling banks to clear more derivatives for years, but the response has not always been the one they expected. The turmoil that swept the derivatives markets early last year showed it’s in lenders’ own interest to have an extra layer of protection. While investors and companies got hit hard by bouts […]

Dentons Canada advises on expanded exemptive relief for trading in OTC derivatives – JD Supra

The Ontario Securities Commission, in a passport decision, has granted exemptive relief to Global Reach Financial Solutions Inc., a provider of foreign exchange risk management and payment services, from the dealer registration and prospectus requirements of securities legislation in connection with trades in over-the-counter (OTC) derivatives with permitted counterparties and eligible commercial hedgers (November 16, […]

Daily Money and Finance Horoscope: Predictions for Sept 13 – Hindustan Times

Today, Moon is placed in Scorpio sign. It will be positioned in Jyestha nakshatra (owned by Mercury) from 8:24 am till the end of day. Saptami tithi of Shukla paksha will be in operation till 3:10 pm and after that Ashtami tithi will prevail. Both of these tithis are auspicious for activities relating to networking […]