SEC's Cox seeks emergency hedge fund rules

Fri Jul 28, 2006

U.S. Securities and Exchange Commission chairman Christopher Cox said this week that emergency rules are necessary to fill some of the gaps created in the SEC's ability to regulate hedge funds in the wake of the recent appeals court decision that overturned hedge fund registration.

Speaking at a hearing of the Senate Banking Committee on Tuesday, Cox stopped short of asking Congress to write new legislation...

ISSN: 2151-1845 / CDC10004H

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