FINRA approves Cowen’s KDC acquisition
01 November 2012 New York
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A source has confirmed that the US Financial Industry Regulatory Authority (FINRA) has approved Cowen Group's purchase of KDC Â鶹´«Ã½ from Kellner Capital.
KDC Â鶹´«Ã½ is the New York-based, securities lending business and broker-dealer subsidiary of hedge fund manager Kellner Capital.
KDC Â鶹´«Ã½ will be rebranded as Cowen Equity Finance Group and will continue to be based in New York.
KDC Â鶹´«Ã½ is the New York-based, securities lending business and broker-dealer subsidiary of hedge fund manager Kellner Capital.
KDC Â鶹´«Ã½ will be rebranded as Cowen Equity Finance Group and will continue to be based in New York.
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