Senators Chuck Grassley and Carl Levin introduced the Hedge Fund Transparency Act (S.344). Instead of amending the Investment Advisers Act of 1940 (as Senator Grassley tried with S.1402 in the 110th Congress), this bill would amend the Investment Company Act of 1940. The first step is defining a “hedge fund.” (Not an easy task) Rather [...]
Tag Archives: Investment Company Act of 1940
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