SEC to Examine Fund Disclosure Rules After Archegos Blowup

Benjamin Bain, Joe Light, & Robert Schmidt | Bloomberg | Apr 22nd, 2021
Category: Financial News

  • Implosion prompts look at how firms reveal derivative holdings
  • Agency also reviewing short bets following GameStop rally

U.S. regulators are considering tougher disclosure requirements for investment firms in response to this year’s implosion of Archegos Capital Management and trading gyrations in GameStop Corp.

Securities and Exchange Commission officials are exploring how to increase transparency for the types of derivative bets that sank Archegos, the family office of billionaire trader Bill Hwang, according to people familiar with the matter. The regulator also faces pressure from Capitol Hill to shed more light on who’s shorting public companies after the GameStop frenzy.

Read More »

A golfer wouldn't play a course with just one club in his bag. In the same way, asset classes help you diversify and optimize your portfolio.

Think of us as your personal quarterback to help you navigate and mitigate the blindsides of life.

A great chef tastes as he cooks for the best result. A great financial planner checks in to make sure you're on course and adjusts along the way for the best result.