Court strikes down SEC hedge fund registration rule

Fri Jun 23, 2006

In a highly anticipated decision, the District of Columbia Circuit Court of Appeals has struck down the U.S. Securities and Exchange Commission's controversial rule requiring hedge fund registration, which went into effect in February.

Prior to the ruling, a high-ranking official inside the SEC said that he felt a decision against the agency would leave the SEC with...

ISSN: 2151-1845 / CDC10004H

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