Sunday, December 26, 2004
Why Must Work with Japanese Firms Like Itochu to Sell HFs
Top Story: Japanese authorities warn against unlicensed hedge fund marketing, publishes list of cold callers, experts expect arrests in 2005 From Matthias Knab: On its website Japanese regulator FSA writes: “…In line with the above-mentioned IOSCO statements and based on the official information from the overseas securities regulators and governments, the following is the non-exhaustive list of known unlicensed or unregistered cold callers. They are neither registered as securities companies, approved as investment trust companies, nor registered as investment advisors in Japan as of December 7, 2004.” The website lists 10 firms.
On my recent two week trip to Japan, experts on the Japanese markets and leading lawyers told me they expect the regulator will start to strictly enforce the law in 2005, which could even lead to arrests.
Opalesque 12/21/04
On my recent two week trip to Japan, experts on the Japanese markets and leading lawyers told me they expect the regulator will start to strictly enforce the law in 2005, which could even lead to arrests.
Opalesque 12/21/04
# posted by Tom @ 1:07 PM 
