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United States
2001 (25 Years)
Last online: No recent activity
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This company is currently Unproved.
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License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Get to know harbinger capital partners
Company Information
Get to know harbinger capital partners
Founded in 2001 by Philip Falcone, Harbinger Capital Partners was a New York-based hedge fund that grew to manage over $26 billion at its peak. The firm gained significant fame for its successful bet against the subprime mortgage market prior to the 2008 financial crisis. However, its fortunes reversed dramatically following a massive, concentrated, and ultimately failed investment in the wireless venture LightSquared. This, combined with regulatory scrutiny, led to significant investor withdrawals and the eventual winding down of its funds and operations around 2014-2015.
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