Free Republic 2nd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $41,910
51%  
Woo hoo!! And we're now over 51%!! Thank you all very much!! God bless.

Keyword: pequotcapital

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  • SEC effort to oversee hedge funds cracked

    06/24/2006 11:16:12 PM PDT · by sully777 · 3 replies · 1,097+ views
    Reuters ^ | Sat Jun 24, 2006 10:11am ET | By Svea Herbst-Bayliss
    BOSTON (Reuters) - U.S. financial regulators took a one-two punch on Friday that might leave their efforts to regulate the $1.3 trillion hedge fund industry in shambles. "The regulatory landscape that the SEC has so carefully cultivated is now seriously in question," observed Jedd Wider, a partner at law firm Morgan Lewis. The U.S. Securities and Exchange Commission will now have to go back to drawing board if it truly wants to put a tighter leash on an industry in which assets have doubled in five years. And that might take a long time, lawyers and investment managers said. Early...