FINRA approves Cowen’s KDC acquisition
01 November 2012 New York
Image: Shutterstock
A source has confirmed that the US Financial Industry Regulatory Authority (FINRA) has approved Cowen Group's purchase of KDC Íø±¬³Ô¹Ï from Kellner Capital.
KDC Íø±¬³Ô¹Ï is the New York-based, securities lending business and broker-dealer subsidiary of hedge fund manager Kellner Capital.
KDC Íø±¬³Ô¹Ï will be rebranded as Cowen Equity Finance Group and will continue to be based in New York.
KDC Íø±¬³Ô¹Ï is the New York-based, securities lending business and broker-dealer subsidiary of hedge fund manager Kellner Capital.
KDC Íø±¬³Ô¹Ï will be rebranded as Cowen Equity Finance Group and will continue to be based in New York.
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