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Commentary: Goldstein Overruled

The Administration's Hedge Fund Proposal

Traders Magazine Online News, July 30, 2009

Stephen J Nelson; The Nelson Law Firm, LLC

A 2006 U.S. Court of Appeals D.C. Circuit decision effectively precluded SEC regulatory supervision of the hedge fund industry. The current version of the Investment Advisers Act requires federal registration of investment advisers that manage more than $30 million of assets for more than 15 clients.

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