Saturday, September 01, 2012


How'd this work out? "Commodity Futures Modernization Act of 2000" or repeal of this one? Glass–Steagall Act

The SEC proposed some new rules yesterday on this issue. .......

"..As predicted, hedge funds remain a surprise beneficiary of this legislative and regulatory bonanza. Of particular interest to hedge fund managers, privately offered funds will be able to conduct offerings using general solicitations or general advertisements under the new amendments, without losing either of the very important exclusions under Sections 3(c)(1) or 3(c)(7) of the Investment Company Act. Is it only a matter of time now before the cold callings, mass mailings and full-page glossy ads in “Vanity Fair” and “GQ” begin?"

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