Goldstein Once Again Takes On SEC Rule

Law360, New York (October 25, 2006, 12:00 AM EDT) -- Hedge fund manager Philip Goldstein already dealt one blow to the U.S. Securities and Exchange Commission with a lawsuit that led to the agency’s hedge fund registration rule being overturned. Now, just a few months later, Goldstein once again has the Commission in his sights.

Goldstein has filed a petition with the SEC asking the agency to exempt his firm, Full Value Advisors LLC, from filing both quarterly and annual reports on its holdings.

Federal securities laws require funds worth more than $100 million to report...
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