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Hugh Kennedy

Hugh has 35 years of expertise in the financial services industry, with publishing and legal research experience spanning the public company, investment adviser, broker-dealer, credit union and banking industries. As a senior-level manager, award-winning writer and conference speaker, he has covered key issues stemming from the Securities and Exchange Commission, Commodity Futures Trading Commission, Department of Labor, Public Company Accounting Oversight Board, NCUA, banking agencies, Capitol Hill, NASAA and other regulators. He has developed and created a number of new publications, online databases and value-added portals serving the needs of financial industry professionals.
In a bid to better assess the relationship between a hedge fund’s level of leverage and corresponding risk, the Financial Stability Oversight Council is moving ...
FINRA has detected that the nature of AML schemes are changing. “Consideration of your risks as it pertains to AML programs remains a concern for ...
FINRA and the SEC continue to hammer at problematic conduct they have seen stemming from algorithmic trading strategies. On April 7, the Commission approved a ...
Marshall Sprung, co-chief of the SEC Division of Enforcement’s Asset Management Unit, will be leaving the Commission later this month. He has served as co-head ...
Issues tied to fees and expenses are “dominating” today’s SEC examinations of private fund advisers. That message was delivered by several Kirkland & Ellis partners ...
Predicted continued explosive growth of robo-advisers has regulators increasingly scrutinizing the automated investment model. One key concern is ensuring that robo-advisers are effectively meeting their ...
As the financial services industry pours over the 1,023 pages that comprise the Department of Labor’s newly released final rule on fiduciary duty and related ...
A seven-year scheme to defraud numerous broker-dealers through bogus bank transfers to newly opened brokerage accounts has unraveled. The SEC filed fraud charges March 31 ...
The outcry in the wake of the Panama Papers release has quickly filtered down to investment advisers. Fewer than 24 hours after the release, a ...
Whistleblower awards from the CFTC’s Whistleblower Office have been particularly paltry in relation to the agency’s SEC counterpart. The program took a big step up ...
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