Are hedge fund trade associations aggressive enough?
January 24, 2013
GAIM 2013: The lobbying groups are critiqued by panelists discussing industry regulation; MFA fires back.
||Mark Calabria (Source: CATO Institute)|
Do the Managed Funds Association, the Alternative Investment Management Association and other hedge fund trade groups do enough for their members in Washington? The answer was no for several panelists discussing regulation at the GAIM USA conference in Boca Raton, Fla. yesterday.
"Ideally the purpose of you paying dues to a trade association, the Managed Funds Association, whatever, is for them to take hits that you publicly don't want to take," said Mark Calabria, director of financial regulation studies at the free-market oriented think tank Cato Institute. "My...
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