SEC Eyes "Gatekeepers," Hedge Funds

By Marius Meland (March 28, 2006, 12:00 AM EST) -- The SEC convened its annual conference, entitled "SEC Speaks," in Washington, D.C. in early March, at which Staff from the SEC's Division of Enforcement highlighted themes that are likely to feature prominently in the near future. As set forth below, the Staff articulated a focus on counsel as "gatekeepers" and on hedge funds, and reaffirmed its commitment to coordinating enforcement actions with criminal authorities....

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