Hedge Funds

MFA's lobbying coffers swell


The U.S. hedge fund industry's largest advocacy group, the Managed Funds Association, has seen its coffers swell over the past year with numerous small contributions of between $5,000-$10,000 flooding in from staffers at Citadel, SAC, Tudor, Amaranth, Renaissance, Aragon and D.E. Shaw, according to records filed with the Federal Election Commission.

The increased contributions are well ahead of previous years and appear to have paid dividends in terms of the organization's lobbying against the Securities and Exchange Commission's proposal for 'registration' of the hedge fund industry. A number of big names have come out against