Arthur Ambarik shares the story of Perigon’s evolution from a small firm with under $150 million in assets under management to its current status of about $6 billion in AUM.
In all, the CFTC announced penalties of $260 million, while the SEC said that firms had agreed to pay it $289 million.
A spot-Bitcoin ETF does not currently exist in the US and regulators have, in the past, been loath to approve one.
"Just say less" is becoming the new approach of private fund managers.
Complacency is a funny thing: It’s easy to fall into and hard to get out of.
