Investment Law Group

Treasury Secretary Proposes Emergency Powers Over Hedge Funds
Wednesday, 23 July 2008
Yesterday, Treasury Secretary Henry Paulson outlined a plan that would vest his office with the power to manage hedge funds i...
SEC Rejects Proposed Change to Section 3(c)(1) of the Investment Company Act
Monday, 21 July 2008
In response to a recently filed no-action letter, the SEC has rejected a proposal that would dramatically change Section 3(c)...
New SEC “Naked Short-Selling” Rules Receive Mixed Response from Hedge Fund Managers
Monday, 21 July 2008
On July 15, the SEC issued emergency and temporary rule prohibiting “naked short selling.” The rule was designed to protect...