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Lawsuits for SEC Hedge Fund Registration

Traders Magazine, December 2004

Gregory Bresiger

The SEC's decision to require hedge fund registration has resulted in a flurry of critical comments and threats of legal action. One early critic was Phillip Goldstein, a portfolio manager for Opportunity Partners. He recently said he's going to file a lawsuit on behalf of the advisers to the $73 million fund. Another early critic of the SEC decision was the U.S. Chamber of Commerce.

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