Search
 

Reining in Hedge Funds

The odds increase for more and better oversight from the new Congress

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Although hedge funds dodged the bullet in June, when the U.S. Court of Appeals struck down the ruling that would have required hedge funds to register with the Securities and Exchange Commission, the midterm Democratic victory, coupled with the recent high-profile blowup of energy hedge fund Amaranth Advisors, has once again reenergized critics. Rep. Barney Frank (D-Mass.) is now chairman of the House Financial Services Committee, and given that he has already introduced a bill that would give the SEC the go-ahead to reinstate its hedge fund registration rule, many hedge fund managers worry–and rightly so–that their days of wriggling out of oversight may be coming to an end.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.