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New York, New York (PRWEB) December 10, 2012
Compliance Science, Inc. (?CSI?) announced today the launch of its donation drive to benefit Hurricane Sandy relief efforts for those affected in Far Rockaway.
CSI has partnered with Community and Family Head Start in Far Rockaway that will allow for simple, straightforward supply donation and delivery to families that have been affected by Hurricane Sandy.
?Although CSI staff has individually volunteered for grassroots relief efforts, as a company, we wanted to invite the CSI Community ? clients, partners, and peers ? to join us in a dedicated rebuilding effort.? said Mitchel Kraskin, Founder and CEO. ?We hope that through a combined endeavor, we can help those devastated by Hurricane Sandy.?
The drive runs through mid January. Interested parties can visit http://www.complysci.com/sandyhelp for further details.
About Compliance Science
Compliance Science is a New York City based global leader in providing web-based regulatory compliance technology and services to the Financial Services community. Clients include leading RIA’s, B/D’s, PE Firms, Hedge Funds, Banks, Pension Plans, Public Companies – all of whom rely on CSI to help protect them from the specter of reputational damage and revenue loss from non-compliant activities.
About Community and Family Head Start
Head Start provides comprehensive services to low-income families and their children, including health, nutrition, social, and in addition to education and cognitive development services with an emphasis on the role of parents as their child’s first and most important teacher
For any questions related to this press release, please contact
Compliance Science: Hazel Alvarado at 212.327.1533, Hazel.Alvarado(at)complysci.com
Community and Family Head Start ? Far Rockaway: Cynthia Cummings at 718.771.4002×112,
Boca Raton, FL (PRWEB) December 11, 2012
DLS Capital Managing Partner David Steinberg headlined the Ivy Family Office Network Boca Raton Forum with a discussion on ?State of the Markets Beyond Politics? The Forum was held on December 3rd, at the Marriott Hotel in Boca Raton, FL.
According to Mr. Steinberg, ?Markets are trading based on investor sentiment rather than fundamental business valuation. He sites uncertainty and fears such as global policy-making gridlock, ?austerity vs. stimulus? debate resulting in safety trades. Outcomes from the uncertainty are a possible loss of the Keynesian ?multiplier effect?, inflation and loss of meaningful returns from fixed income. This results in investors being out of position to take advantage of opportunities when they arise.?
?Drilling down further, there is a global race to debase currencies where governments that purchase their own debt, such as the U.S. ultimately ?price-fix? their yield curves. More intervention has led to equity valuations with historical lows despite increasing earnings and a loss of the traditional relationship between debt and equity valuations. Moreover, there has been a trend away from equities which were 32% of all financial assets in 2000 to 26% in 2012?
?When corporate fear subsides there is a chance for dramatic reallocation from ?safe assets? to ?return assets?. With the currency debasement there is a good chance for an increase in gold valuations should they revert to historical norms. Other opportunities present themselves in emerging markets where 80% of the world?s population has great capacity for economic growth. Several of these countries show favorable characteristics such as low government debt relative to GDP, commodity rich backgrounds and rapid urbanization which lead to consumer market expansion. ?
Mr. Steinberg is the Founder and Managing Partner of DLS Capital Management. From 1984-1999 he served as Principal in the Special Situations Group of Morgan Stanley. He focused on deep-value, turnaround and bankruptcy strategies. He has also been a principal market maker on the floor of the the Chicago Board of Options.
He has been a frequent contributor to Bloomberg, CNBC, Fox Business News, Barron?s and other media outlets. He holds an MBA, Finance from Northern Illinois University.
The Ivy Family Office Network Boca Raton Forum is part of an ongoing dialogue with family offices to provide high-value education and information on trends for family office investing, structure and operational excellence. Attendees gain practical strategies and solutions to achieve both short and long-term objectives. The program features off-the-record, peer-to-peer discussions in a non-commercial setting, in-depth and highly interactive sessions addressing organizational structure, family dynamics and succession planning, and granular investment sessions covering the latest asset classes and strategies.
About The Ivy Family Office Network
The Ivy Family Office Network ivyFON is one of the leading global family office networks with several hundred family offices attending their events within the past 12 months. Some of the more than 1,000 past speakers have included 5 of the top 10 leading asset allocating consultancies by size, pre-eminent alternative investment funds, leading institutional investors by size, best-in-class asset management professionals, family office subject matter experts and world-class family offices. Forum sessions cover a variety of topics, including those designed to help attendees successfully prepare for potential changes that might occur as a result of new SEC initiatives; other policies and regulations, global real estate trends and other family office centric topics including outsourcing.
IvyFON?s expertise is an outgrowth from one of the United States? oldest and largest alternative investment networks, the IvyPlus network, which was started as a private equity, real estate and hedge fund network consisting primarily of Ivy League alumni but inclusive of other participants who had attended more than 50 globally comparable programs or through merit are worthy participants in the program. More than 10,000 investment, family office and institutional investment professionals have attended IvyPlus forums globally. For more information on the Ivy Family Office Network, go to ivyfon.com/contact.html.
For more information on DLS Capital Management, please contact: Mike Marciniak ? Director of Marketing @ 847-732-3134 or via email: mmarciniak(at)DLSCAPITAL(dot)NET
Austin, Texas (PRWEB) December 11, 2012
NyamiNyami Holdings LLC, a holding company of websites focused in the alternative investment industry working with hedge funds and private equity firms and professionals today announced the launch of HedgeFundSpecialist.com. As the first pure service provider directory and interactive marketing tool for the hedge fund industry, HedgeFundSpecialist.com provides a web-based site for service providers to advertise their services and thus grow and strengthen their brand among hedge funds and the entire alternative investment community. With access to NyamiNyami Holdings? community of experienced alternative investment professionals who represent thousands of firms, hedge fund service providers can effectively and actively market their services and products to this niche community.
HedgeFundSpecialist.com offers its service provider clients SEO friendly listings, social media integration, customer reviews, article and graphic submissions, and video integration to distribute their proprietary and valuable content to the hedge fund community. With so many valuable features available to listing firms, HedgeFundSpecialist.com becomes an extension of its clients? marketing departments with its own focused community of end users.
In a time when limited partners (LP?s) and regulatory agencies are placing additional demands on hedge funds, these funds must be proactive in monitoring and constantly reviewing their vendor relationships. In many cases hedge funds will need additional vendors who can help strengthen their infrastructure whether in regards to technology, accounting, fund administration or compliance/legal. These infrastructure related areas are all essential to supporting the hedge fund?s investment process and are now mandatory for fund?s hoping to receive a large institutional allocation. Hedge funds can no longer consist of one or two professionals managing all aspects of the fund, especially if the fund?s principals envision growing their fund?s assets under management.
Service providers such as these below know working with HedgeFundSpecialist.com adds value to their marketing and business development activities:
eSentire ? a leader in the managed security services provider to the global alternative asset management industry
thealphacooperative ? a leader in providing immediate institutional infrastructure for managers and investors in the alternative investment industry
Spicer Jeffries LLP ? a leader in providing professional services to over 400 hedge and commodity funds
Browning Search Group ? leading boutique search firm focused in the alternative investment industry
As the demands of investors and regulatory agencies continue to grow, the need for hedge fund managers to fully understand and have access to the full service provider community will grow as well. HedgeFundSpecialist.com is offering that valuable tool to hedge fund professionals. As an interactive marketing directory HedgeFundSpecialist.com is a lead generation tool for the sales and business development departments of hedge fund services providers.
HedgeFundSpecialist.com is one of many websites managed by NyamiNyami Holdings LLC others include PrivateEquityJobs.com. As a holding company of websites focused in the alternative investment space NyamiNyami Holdings LLC is creating a niche network for alternative investment professionals providing valuable real time content, informative editorials and white papers and valuable resources to help these alternative investment professionals follow their dreams, properly managed their funds and businesses and strengthen their careers.
New York, NY. (PRWEB) December 11, 2012
The Commercial Finance Association (CFA) today announced it has established a formal certification process for asset-based lending and factoring professionals. This new program, developed in conjunction with CFA?s Education Committee with input from CFA members and other prominent industry professionals, represents the first professional certification program in the asset-based lending and factoring industries.
Industry professionals who complete a rigorous curriculum of CFA?s education and training programs and meet other requirements will earn the designation ?Certified Asset-Based Lender? or ?Certified Factoring Professional?. Those holding these designations will be required to meet annual continuing education requirements to maintain their certification.
?Thousands of U.S. businesses rely on asset-based lenders and factors for critical working capital to maintain and grow their businesses and CFA?s certification programs will provide them with the assurance they are partnering with qualified professionals to help meet their financing needs,? said Robert Trojan, CEO, Commercial Finance Association. ?Asset-based lenders and factors will continue to play a key role in the expansion of the U.S. economy and we are pleased to provide our members with another tool to showcase their integrity and expertise,? added Trojan.
CFA is expected to formally launch the new certification program in early 2013. Demand for the designations are expected to be high among the lending professionals that comprise the Association?s membership.
?CFA is very excited to expand its industry training footprint by establishing this certification program to recognize member participation in our world-class training,? said Bruce Sprenger, Group Senior Vice-President at Cole Taylor Business Capital and current Chairman of the Board of the CFA. ?The expertise gained from CFA course work is unparalleled anywhere. This is an additional step to recognize CFA?s leadership role in leading-edge education for asset-based lending and factoring,? said Sprenger.
CFA offers a comprehensive curriculum of education and training programs focused on various aspects of secured and monitored commercial lending. Details on course offerings can be found at http://www.cfa.com.
Founded in 1944, the Commercial Finance Association is the leading trade group of the asset-based financial services industry, with nearly 300 member organizations throughout the U.S., Canada and around the world. Members include the asset-based lending arms of domestic and foreign commercial banks, small and large independent finance companies, hedge funds, private equity firms, floor plan financing organizations, factoring organizations and financing subsidiaries of major industrial corporations.
New York, NY / Los Angeles, CA (PRWEB) December 10, 2012
Wedbush Securities, one of the nation?s leading broker-dealers and award-winning equity research firm, will host its 13th annual California Dreamin? Consumer Management Access Conference in New York from December 11 – 12, 2012. The conference connects institutional investors, including mutual funds, hedge funds, private equity investors and venture capitalists, with management executives from more than 70 prominent public and private companies across multiple consumer verticals.
The Wedbush Private Shares Group, a leader in research and trading of privately held securities, will jointly host a series of panels at the conference on December 12 titled ?E-Commerce & Digital Advertising for the Future.? The sessions will be moderated by Michael Pachter, Managing Director and Head of Wedbush Private Shares Research, and Eli Goodman, Comscore Media Evangelist, and will feature guests from 15 leading private consumer technology companies.
?The Wedbush Equity Research team consistently identifies performance trends through its expertise in both public and private company research to aid the investment community in their decision making process,? said Sheri Kaiserman, Head of Equities, Wedbush Securities. ?Through events like these we can connect the senior management of leading consumer brands with our valued clients through corporate presentations, small group meetings and related industry panels.?
Companies scheduled to present at the Wedbush California Dreamin? Consumer Conference include: Aeropostale, American Apparel, Arctic Cat, Cabela’s, Calavo Growers, Carmike Cinemas, Casual Male, Chico’s FAS, Children’s Place Retail Stores, Christopher & Banks, Cinemark Holdings, Coinstar, Crocs, Crown Crafts, Delta Apparel, Denny’s, Digital Cinema, Entravision Communications, Farmer Brothers, Fiesta Restaurant Group, Fred’s, IMAX, Inter Parfums, Interpublic Group of Companies, Inventure Foods, iRobot, JAKKS Pacific, Joe’s Jeans, Kirkland’s, Kona Grill, Life Vantage, Lifetime Brands, Men’s Wearhouse, Navarre, Nu Skin Enterprises, Omega Protein, PC Connection, Photomedex, Planalytics, Pool, Regal Entertainment, Rocky Brands, Select Comfort, Smith & Wesson, Spar Group, Sport Chalet, Stage Stores, Steven Madden, Summer Infant, Taser, Thor Industries, Town Sports International, Urban Outfitters, Voxx and Wendy’s Company.
Companies scheduled to present at the Wedbush Private Shares Group E-Commerce & Digital Advertising for the Future Panel Series include: Addepar, AddThis, Adtivity, Appssavvy, Bonobos, Boxee, Everyscreen Media, Collective Bias, inSparq, OpenSky, Playsino, Tap.me, TBG Digital, TheEmob and Warby Parker. Addepar and Playsino management will be speaking at an invitation-only dinner event following the conference.
The Wedbush California Dreamin? Consumer Management Access Conference and the Wedbush Private Shares Group E-Commerce & Digital Advertising for the Future Panel Series are by invitation only, please contact Wedbush Securities for additional information.
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About Wedbush Securities
Founded in 1955, Wedbush Securities is a leading investment firm that provides brokerage, clearing, investment banking, equity research, public finance, fixed income sales and trading, and asset management to individual, institutional and issuing clients. Headquartered in Los Angeles, with over 100 offices, the firm focuses on relentless service, client financial safety, continuity, and advanced technology. Wedbush Securities is the largest subsidiary of holding company WEDBUSH, Inc., which also includes affiliated firms Wedbush Bank, Wedbush Capital Partners, Wedbush Opportunity Partners, and Lime Brokerage LLC. Follow us on Twitter @Wedbush.
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New York, NY (PRWEB) December 05, 2012
MJ Gottlieb from N2ITIV Solutions has recently made some strong suggestions that ethics and morals in the entrepreneurial world has fallen by the waist side and been replaced by a new breed of arrogance, larger than life egos, greed and deceit.
?I understand that this concept is nothing new and it seems like forever that people have been out for self. I get it. I just want to make it clear that stepping on someone else to get in a higher position disqualifies you from the entrepreneurial ranks.?
Gottlieb has noticed that many aspiring entrepreneurs have the definition of an entrepreneur all wrong, as they seem to think it is relative to the size of their wallets and doing whatever it takes to become the next fat cat. To Gottlieb, the essence of being an entrepreneur is quite different.
?In my opinion, being an entrepreneur is about the joy of creating something and working as hard and smart as you possibly can to not only make it grow but make a difference and create positive change.? Gottlieb adds, ?There is also a moral and ethical code that entrepreneurs have an obligation to follow. Every entrepreneur knows the right thing to do. The question is will he or she do it.?
Gottlieb thinks that the holidays is a good time to bring this subject up as it is a time of thanks for what we have and a time when most people are more open emotionally.
?It would be my hopes to convert some Grinches and Scrooges out there and catch them at a point of vulnerability. Entrepreneurs have to understand that they are not only affecting themselves but all the people in their company that count on them. It is our job to both encourage growth, champion enthusiasm, and lead by example. We want the people in our company to believe that someone can be both successful and honest at the same time. That is big. ?
Gottlieb notes that every entrepreneur needs to make an effort to feed their soul as such breaks of ethics and moral code has now led to the front pages of every newsstand.
?You have witnessed what happens when people encourage deceit. We have seen it lead to the near destruction of the financial system. Years ago, if one hedge fund or financial institution did something unscrupulous it was big news. Now it is daily news. Why do you think that is the case? It?s the classic case of if they can get away with it, so can I syndrome.?
Gottlieb has also witnessed karma when it comes to those entrepreneurs (including himself) that overlook this code of ethics in business.
?All industries are circles, I don?t care what industry you are in. If you screw people over, it will come back and hit you on the backside, if not now then definitely later. I have been guilty of doing the wrong thing and acting against my better judgment. It happens to every entrepreneur. The key is to learn from it quickly when it happens and change your path.? He adds, ? The way you run your business should be no different than the way you run your life. A good friend once told me, tell the truth. It?s easier to remember. If you have to lie, cheat or deceive people to be successful, you will never be successful. I don?t care how much money you have in your wallet. Being an entrepreneur and being a leader has absolutely nothing to do with the size of your wallet. I wish more people would understand this.?
N2ITIV Solutions, founded by MJ Gottlieb and Gary O’Neil, is a strategic consulting firm specializing in the implementation of creative business strategies to help aspiring entrepreneurs and small businesses increase their brand awareness and monetize their businesses online.
For more information, please visit http://www.n2itivsolutions.com
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(PRWEB UK) 5 December 2012
MeritKapital is very pleased to make known its CySEC license (#077/06) extension in its line of product offerings to include Contracts for Difference (CFDs).
CFDs were initially traded by hedge funds to more cost effectively hedge their exposure on LSE stocks and, as no physical shares changed ownership, to simultaneously avoid stamp duty (50 basis points) on share purchases. However, CFDs later gained popularity due to other inherent perks including their marginability and their resulting higher upside return potential versus plain, vanilla type equity trading. In effect, they have become more comprehensive in the number of underlying instruments (global indices, currencies, commodities etc.) and global financial markets they now cover.
MeritKapital is now able to provide clients Direct Market Access (DMA) CFD trading on the LSE through Quik, Bloomberg, Sungard or any other front end platform of their preference from which MeritKapital can connect via FIX or API. Alternatively, orders may be received via a client’s preffered method of communication. We are very glad with this new product offering as we become more versatile to our international clients? needs.
MeritKapital is regulated by CySEC (#077/06) for the provision of custody, brokerage, investment advisory and portfolio management services. It is affiliated (by common shareholdership) with Meritservus, a leading fiduciary, tax structuring & advisory, accounting and corporate service provider in Limassol, Cyprus.
We, once again, hope to have further such exciting company developments to announce!
New York, NY (PRWEB) December 03, 2012
In an effort to help establish a better framework for the hedge fund operational due diligence (ODD) process, Rothstein Kass (http://www.rkco.com), a leading national professional services firm, today unveiled a set of ?best practice ODD guidelines.? Designed to improve the ODD process for both managers and investors, the guidelines are the result of a two-day working group where investment managers, institutional investors and a team of Rothstein Kass experts engaged in open discussions to identify the inefficiencies in the ODD process and create best practice guidelines for the industry. The ODD guidelines are the first formal publication from the Rothstein Kass Institute?, a thought leadership ?think tank? designed to provide actionable information and insights to the alternative investment and broader financial services communities.
?Despite its heightened focus in the last five years, there is still a lot of inefficiency and frustration surrounding operational due diligence for both investment managers and investors,? said Howard Altman, Co-Managing Principal at Rothstein Kass and Principal-In-Charge of the Firm?s Financial Services Practice. ?Recently we have seen serious examples of the critical need for thorough operational controls and evaluations, with Hurricane Sandy testing disaster recovery and business continuity plans, and new allegations of insider trading both highlighting the importance of having a ?culture of compliance? within a firm. This working group uncovered some of the key disconnects that cause investors and managers the most pain in the operational due diligence process.?
Added Altman, ?while the group was keenly aware that there is no one-size-fits-all approach, we do believe that we have highlighted areas that investors can improve during the operational due diligence process, as well as the areas within a manager?s organization which are likely to draw attention. Obviously, we hope these recommendations will encourage an ongoing dialogue that will lead to continued improvements in the ODD process.?
Participants widely agreed that the lack of standardization, communication and preparation for meetings were major impediments to an efficient ODD process. Investor participants revealed that some investors may be constrained by a lack of resources, which can lead to a fragmented process and redundancies or superfluous work by the managers when they become involved. Another roadblock identified is the difficulty of managing sensitive document requests and disclosures, as both sides struggle with perceived conflicts of interest and materiality.
?Our research and ongoing dialog with clients suggests that the due diligence process timeline continues to lengthen, which can be frustrating to managers and investors alike. Getting both investors and managers to engage in open discussions is critical to recognizing and addressing operational due diligence inefficiencies and streamlining the overall due diligence process,? said Meredith Jones, Director, Rothstein Kass Business Advisory Services. ?The recommendations that our working group developed are both actionable and practical for managers and investors of almost any size. Furthermore, a manager or investor need not alter their entire process to reap benefits. Adopting one or more of these practices should create immediate incremental improvements in the ODD process, allowing both managers and investors to better leverage their time.?
After uncovering some of the key impediments in the ODD process from both the manager and investor perspectives, the working group identified a set of best practice guidelines to improve communication and meeting preparation procedures used by both investors and managers. Some of the suggested recommendations included:
(PRWEB) November 30, 2012
In a recent Investment Contrarians article, editor and financial expert Sasha Cekerevac reports that the minutes of the Federal Reserve?s most recent meeting indicate that ?Operation Twist,? in which the Fed sells $ 45.0 billion a month in short-term bills to buy the equivalent amount of long-term bonds, is scheduled to end in December. (Source: ?Fed Minutes Show Interest in Extending Bond-Buying Effort,? The New York Times, November 14, 2012.) Cekerevac adds that the Fed recently stated again that it plans to keep easy monetary policy with short-term interest rates near zero through to 2015. As Cekerevac notes, this certainly is a positive support for gold bullion.
?Gold bullion has had a fairly volatile year in 2012,? states Cekerevac. ?? For 2012, [the market has] seen further price appreciation for gold bullion beginning in August in anticipation of accelerated monetary policy stimulus (more money printing) from the Federal Reserve.?
The Investment Contrarians expert notes that at the end of 2011, gold bullion sold off sharply, ending December at a weak point. A lot of this, he believes, was a result of hedge funds being forced to liquidate their positions.
?Investors in gold bullion should be aware of the flow of funds from institutional investors,? says Cekerevac. ?Because of the huge amount of capital that institutions have, they can certainly have an outsized impact on any market, not just gold bullion.?
Cekerevac notes that most recent and third round of quantitative easing (QE3) is unprecedented for the Federal Reserve, as this is a very aggressive monetary policy initiative that has no end date.
?As is so often the case, investors bought on the rumor and sold on the fact,? reports Cekerevac. ?Following the September announcement for the new monetary policy initiative?gold bullion sold off with the rest of the market.?
As the Investment Contrarians expert concludes, combining this very easy monetary policy (meaning a lot of money printing) with a high level of demand for the yellow metal suggests that gold bullion should break the $ 1,800 level in 2013.
To see the full article, and to get a real contrarian perspective on investing and the economy, visit Investment Contrarians at http://www.investmentcontrarians.com.
Investment Contrarians is a daily financial e-letter dedicated to helping investors make money by going against the ?herd mentality.?
The editors of Investment Contrarians believe the stock market and the economy have been propped up since 2009 by artificially low interest rates, never-ending government borrowing, and an unprecedented expansion of our money supply. The ?official? unemployment numbers do not reflect people who have given up looking for work, and are thus skewed. They believe the ?official? inflation numbers are also not reflective of today?s reality of rising prices.
After a 25- to 30-year down cycle in interest rates, the Investment Contrarians editors expect rapid inflation caused by huge government debt, and money printing will eventually start us on a new cycle of rising interest rates.
Investment Contrarians provides unbiased research. They are independent analysts who love to research and comment on the economy and investing. The e-newsletter?s parent company, Lombardi Publishing Corporation, has been in business since 1986. Combined, their economists and analysts have over 100 years of investment experience.
Find out where Investment Contrarians editors see the risks and opportunities for investors in 2012 at http://www.investmentcontrarians.com.
George Leong, B. Comm., one of the lead editorial contributors at Investment Contrarians, has just released, ?A Problem 23 Times Bigger Than Greece,? a breakthrough video where George details the risk of an economy set to implode that is 23 times bigger than Greece?s economy! To see the video, visit http://www.investmentcontrarians.com/press.
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