California drops proposal to register hedge funds
Fri May 9, 2008
Californias Department of Corporations has withdrawn
its controversial proposal to require registration of hedge
funds with offices or clients in the state.
Introduced in September 2007, the proposal would have
re-imposed mandatory registration after the U.S. Securities and
Exchange Commissions attempt to do so was invalidated in
2006 by the so-called Goldstein decision, in which...
ISSN: 2151-1845 / CDC10004H
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