House passes bill to study hedge funds

Fri Sep 29, 2006

The U.S. House of Representatives on Wednesday evening passed a bill calling for a broad-based study of the $1.5 trillion plus hedge fund industry.

The legislation, proposed on September 14 by Congressman Mike Castle (R.-Del.) as the "Hedge Fund Study Act," would require the President's Working Group on Financial Markets...

ISSN: 2151-1845 / CDC10004H

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