The Managed Funds Association, the chief U.S. hedge fund
lobbying group, is fighting restrictions on trading, some
proposed and others recently imposed, that they say threaten
confidence in the markets and unnecessarily hamstring
Specifically, the association is opposing the proposed
restrictions in the speculative trading of commodity futures,
while protesting the recently enacted curbs on the short
selling of 19 financial company stocks.
The U.S. Senate is currently considering legislation that
would limit the ability of certain investors to participate in
the energy futures markets. The proposed curb is in response to
higher commodity prices, which several hedge funds
including George Soros of Soros Fund Management and Michael
Masters of Masters Capital Management attribute...