We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Hedge Fund Regulation Could Loom In 2007

Law360 (December 22, 2006, 12:00 AM EST) -- The regulation of hedge funds has been a hot topic ever since a U.S. appeals court ruled in June that the Securities and Exchange Commission had no jurisdiction over the industry.

The SEC decided not to appeal the decision, meaning the managers of private hedge funds with more than 15 investors no longer need to register with the SEC.

Lawmakers, however, did not let the $1.2 trillion industry go completely unregulated for long.

“We must move quickly to address the hole that the [court’s] decision has...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.