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Notion Capital Markets, LLC Earns Several Best Ratings in International Custodians Prime Brokerage Survey

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Garden City, NY (PRWEB) July 02, 2013

Concept Capital Markets, LLC was named Leading Rated in 4 of the 5 categories of the 2013 Prime Brokerage Survey by Global Custodian Magazine in which it participates, such as those for managers with assets under management under $ one hundred million, with single and multi-techniques, and for those based in North America. Concept also earned a Commended rating for the single prime broker category. The 20th annual edition of the survey incorporated much more than three,300 hedge fund responses on behalf of 50 different providers of prime brokerage services, and covered 12 various service areas pertaining to the prime brokerage market.

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Concept Capital earned the Top Rated honors as a result of scoring Ideal in Class by the surveys respondents in 11 service places in 1 category, like Client Service, Operations, Financing and Margining, Securities Lending, OTC Derivatives Clearing, Reporting, Prime Custodial Services, Technologies, Hedge Fund Consulting, Value, and Reputation, as effectively as ten service locations in two categories, and 9 in the other. The full survey benefits could be viewed at International Custodians website, http://www.globalcustodian.com.

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We appreciate the efforts by Global Custodian and all of the managers who participated in the survey, and are extremely gratified for the recognition our firm received from our consumers for the solutions we supply. We aim to earn our customers organization each and every day by serving as a trusted and loyal companion and delivering the prime brokerage solutions theyve come to expect of us, mentioned Jack Seibald, co-founder and Managing Member. He added, The survey benefits offer useful feedback from our customers that will support us as we further develop our capabilities to meet their demands. Fund managers face sufficient difficulties each and every day as they search out the best attainable investment and trading possibilities for their clients assets. Our mission at Concept is to provide the custody, execution and clearing, operational support, and portfolio management and reporting options that free of charge our customers to focus on their core competencies.

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We think the Concept team is uniquely equipped to comprehend and anticipate our customers demands and preferences due to the fact of our diverse set of experiences and talent sets that incorporate launching and managing hedge funds, trading on a assortment of execution and order management systems, clearing and settling trades at a number of clearing firms, providing operational and technologies assistance to wide ranging investment approaches, using portfolio reporting technologies, implementing compliance procedures, and raising capital. We continue to invest in technology, talented men and women, as effectively as regional branches in an work to deliver the tools and support services that boost our customers potential to handle their organizations. These investments have resulted in a large number of new client mandates more than the past year and permitted us to retain current clients at a quite high rate, he concluded.

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About Notion Capital Markets, LLC:&#13

Notion Capital gives a extensive suite of brokerage and related solutions that supply conventional and alternative investment managers with options that are customizable and scalable. The firm was built by former investment managers to serve hedge fund managers, managed account platforms, institutional investors, family members offices, and registered investment advisors with turn-crucial solutions designed to free its consumers to focus on their core competencies. Our supplying features globe-class custody and clearing alternatives, multi asset class capabilities, leading execution and order management systems, a seasoned execution desk, a variety of financing possibilities, a extremely expert operations and buyer help group, extensive portfolio reporting capabilities, and capital introduction. Idea Capital Markets, LLC was established in 2010 following the spin-off of the Concept Capital division of Sanders Morris Harris Inc., whose origins date back to 1995. Notion Capital Markets, LLC is headquartered in Garden City, New York and operates offices in New York City, Greenwich, CT, Chicago, IL, Los Angeles and Del Mar, CA, Atlanta, GA, and Boca Raton, FL. The firm is registered as a Broker Dealer and Investment Adviser with the SEC, and is a member of FINRA, NFA, and SIPC. For additional information, visit http://www.conceptcapital.com.

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About Global Custodian Magazine:&#13

International Custodian is the top magazine covering the international securities company. With a circulation of 20,000 investment specialists about the world, the magazine is published 5 occasions a year by Asset International, and is defined by high-top quality editorial and a series of annual surveys that have grow to be benchmarks for the market. Founded in 1989, the original concentrate of the magazine was on securities processing operations: articles that explore how shares trade and settle and are held. Its editorial scope has considering that expanded to consist of fund administration, securities lending and financing, prime brokerage and the infrastructure of the international securities industry (CSDs, ICSDs, payments systems and other market bodies and initiatives). The editorial content of the magazine is now also supported by industry-regular surveys that address how the functionality of custodian banks, fund administrators, prime brokers and tri-celebration securities financing providers examine with each and every other and inside person markets. For extra info, go to http://www.globalcustodian.com.

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Related Administrator Press Releases

Several Veterans Are Returning With Substance Abuse Issues

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Miami, Florida (PRWEB) June 21, 2013

As reported by Buffalo Company 1st (six/18), numerous veterans are returning from Iraq and Afghanistan with a substance abuse problem. The University of Buffalo will be conducting study as to why this is occurring. The National Institute of Drug Abuse is supplying a $ two.3 million grant to fund the investigation, which will be conducted from June 2013 to February 2018.

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Prior research by the Veterans Administration determined that the number 1 health dilemma of returning Iraq and Afghanistan was substance abuse. The breakdown on the level of drinking among returning military personnel was startling with 44.five% reported binge drinking, 19% stated they have been heavy drinkers in the previous month and 7.5 % admitted they had been chronic drinkers.

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At Harbor Village, customers with substance abuse troubles can verify in and commence a verified step-by-step system to aid them turn out to be sober. The facility addresses both alcohol and drug addiction in their beautiful South Florida setting. A 24/7 medically supervised detox center, Harbor Village allows each and every client to encounter detoxification in a luxury, state-of-the art atmosphere. Clients are welcomed with upscale accommodations like an attractively furnished suite total with satellite television, 30,000 square feet of outdoor lounge region, spa, salon, massage and acupuncture services, nutritious, gourmet dining and the personalized assistance of a caring, attentive employees.

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The study will concentrate on why reserve military personnel returning from overseas are much more probably to suffer from mental and substance abuse problems than active duty military personnel. Among the troubles to be studied are the social and environmental influences, pressure, trauma and companion and peer substance abuse. About 400 military personnel and their spouses are anticipated to participate such as male and female personnel involved in Operation Enduring Freedom (OEF) and Operation Iraqi Freedom (OIF).

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Many theories have already been set forth on why returning soldiers encounter higher levels of substance abuse. Gregory Homish, an assistant professor in the division of community well being and health behavior, mentioned, Researchers have speculated that difficulties transitioning back into civilian and household life may be accountable for the increased danger observed in reserve soldiers relative to active duty soldiers. Among these troubles is attempting to handle the absence of support from other soldiers.

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A substance abuse difficulty does not have to ruin your life. Make contact with a detox center such as Harbor Village and receive the care you want, stated Robert Niznik, Harbor Village CEO.

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For more info, visit:

Wells Fargo Faces Several Claims Connected to its Involvement with Choose-a-Spend Loans

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Roseville, California (PRWEB) September 30, 2011

UFAN Legal Group, Pc, DBA: United Foreclosure Attorney Network (UFAN) filed a lawsuit in Sacramento Superior Court (case number 34-2011-00110146), alleging in element that the unfavorable amortization mortgages acquired by Wells Fargo had been predatory and injured borrowers.

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Golden West Financial was 1 of the countrys leaders in the issuance of Choose-a-Spend loans. These loans are negative amortization loans, meaning: the minimum monthly payment may not cover all of the accrued interest on the loan. The unpaid interest is then added to the principal balance of the loan. Not only is the borrower not paying down the balance, but the balance is really expanding as interest remains unpaid and the balance to which interest applies grows over time. A report by the Charlotte Observer specifics how Wachovia inherited Golden West’s choose-a-spend mortgages when it acquired the California bank in 2006. Wachovia was then acquired by Wells Fargo in 2008. As reported in the media, there have been widespread allegations that Golden West and Wachovia misrepresented these loans to clientele. It is alleged in the UFAN complaint that even prime borrowers with great credit have been placed in these subprime loans. The complaint states that these borrowers have been frequently told that they have been getting placed in the most advantageous loan available to them. According to the filing, the motivation for placing prime borrowers in very predatory subprime loans had been the high origination charges paid to brokers and agents who originated these loans.

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The California Lawyer Common brought claims against Wells Fargo for these damaging amortization loans, the Charlotte Observer reported. At the time, the then attorney common, Jerry Brown, stated, Customers have been provided adjustable-rate loans with payments that mushroomed to amounts that eventually thousands of borrowers could not afford. When the payments ballooned and property owners defaulted, borrowers had been foreclosed and dispossessed of their properties, the report states. In 2010, Wells Fargo settled with the Lawyer General for liability surrounding the improper practices of Golden West and Wachovia. According to the report, Wells Fargo agreed to spend $ 32 million in restitution to property owners who had lost their residences to foreclosure, as effectively provide loan modification worth $ 2 billion for borrowers who had choose-a-spend loans with Golden West or Wachovia.

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Earlier in December, as reported by Reuters, Wells Fargo settled a class action suit brought on behalf of borrowers injured by the unfavorable amortization loans issued by Wachovia amongst 2003 and 2008. Plaintiffs alleged that the loans violated federal truth in lending laws because the loan documents failed to adequately disclose the prospective for the loan balance to really enhance over time. As element of this settlement, Wells Fargo paid out $ 50 million and agreed to modify the loans of borrowers who are nonetheless in their properties, the report states.

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According to the complaint filed by UFAN, Wells Fargo is not appropriately functioning with distressed homeowners in extremely predatory loans, such as the Choose-a-Pay loans to modify the terms. The complaint alleges that Wells Fargo is responsible for the negligence of the banks it acquired and for its personal negligence in its servicing of these loans right after the acquisition. Since of the alleged negligence, the borrowers have been injured.

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UFAN is devoted to fighting for justice for American home owners. These borrowers deserve relief and we are determined to assist, says Kristin Crone, Lawyer and CEO of UFAN.

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Complementary consultations obtainable.

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ABOUT THE UNITED FORECLOSURE Attorney NETWORK

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UFAN Legal Group, Pc, DBA: United Foreclosure Lawyer Network (UFAN) is a Roseville, California-based law firm offering mortgage litigation and other debt connected legal services. The committed attorneys and staff at UFAN perform tirelessly to seek justice and fight for the rights of its consumers. For much more details get in touch with toll totally free 1-866-400-4242.

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This release may constitute lawyer advertisement. The details in this release and on the UFAN web site (ufanlaw.com) is for common details purposes only. Nothing in this release or on the UFAN internet site should be taken as legal tips. Prior successes are no guarantee of future efficiency. Litigation is inherently uncertain and benefits in litigation are in no way assured.

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Orinda Academy Junior, YingYu Ren, Wins Several Awards for Academic Excellence, Public Service and Leadership

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Orinda, California (PRWEB) June 03, 2013

Orinda Academy announced these days that YingYu Ren, 17, a member of the schools junior class, is a recipient of 3 awards recognizing her academic achievement, service and leadership.

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Ren is a single of only ten students in the nation to win A Greater Likelihood Award for Excellence for academic distinction, contributions to the college community and demonstrated capacity to attain. The award is from the organization, A Better Opportunity, which performs to improve the number of effectively-educated young people of color who are capable of assuming positions of duty and leadership in American society.

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The 2013 Alexander Hamilton Citizenship Achievement Award was also awarded to Ren. It recognizes youth who demonstrate leadership skills, academic excellence and a passion for public service.

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Rens writing talent earned her the 2013 Pals of the Orinda Library Poul Anderson Writing Contest in the Essay/Memoir category. Her entry titled, The Inspiring Ocean, details how her expertise with the ocean impacted and parallels her life, from the time she was an infant in China to nowadays as she looks toward her future.

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These awards encourage me to go additional, keep difficult myself, be a far better person, do my greatest and give back to the community, says Ren.

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YingYu is a single of the most impressive, extraordinary students I have encountered in my 38 years of teaching and administration, says Ron Graydon, founder and head of Orinda Academy. She has prospered in spite of getting an English language learner and has maintained a straight-A typical in Orinda Academys rigorous college preparatory curriculum.

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In addition to her academic achievements, Ren has been a driving force on the student council in organizing the most successful toy drive in Orinda Academys history. She is on the yearbook employees (her cover style was chosen in 2012 and 2013), is a math TA, a tour guide for prospective students, and has served as an interpreter for going to Chinese recruiters and households.

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Ren has logged hundreds of hours of community service, like function with the East Bay Asian Regional Improvement Corporation assisting people prepare tax returns. She has also taught students study skills, time management and social media by means of A Much better Possibilities West Coast Orientation Program.

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ABOUT ORINDA ACADEMY&#13

Orinda Academy (OA) is an independent, non-profit, co-educational day college serving grades six by way of 12. It prides itself on the general achievement of its students. Students are from throughout the Bay Location and bring their person strengths and talents to enrich the diverse neighborhood. The environment at OA is conducive to student achievement by emphasizing organization, time-management, and self-advocacy. Although building self-esteem and self-reliance, students create upon their successes. Students who graduate from Orinda Academy are confident as properly as academically and personally ready for college. Graduates attend leading public and private universities and California State and University of California schools.

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For more information, call Orinda Academy at (925) 254-7553, or go to http://www.orindaacademy.org.

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