A former Morgan Stanley senior trader in London was banned and fined by the U.K. Financial Services Authority for a form of front-running, the third time this month the regulator has penalized one of the bankâ??s former traders.
AIMA calls for changes to EU hedge fund directive (Fund News)
The European Commission's draft directive on hedge fund regulation is potentially ambiguous and needs to be rewritten, according to the Alternative Investment Management Association (AIMA).
Australiaâ??s securities regulator lifted its eight-month ban on covered short selling of financial stocks on Monday bringing the country into line with all major developed markets that had already lifted their temporary bans.
ECB's Weber, Kranjec clash over asset buying (Headlines)
European Central Bank policy makers clashed over the bankâ??s asset-buying program less than a week after President Jean-Claude Trichet engineered a truce.