Conn. Hedge Fund Bill Dies—Again

May 12 2010 | 2:53am ET

For the second time in as many years, a Connecticut effort to regulate hedge funds in the state has failed.

The Connecticut state Senate failed to vote on the measure before the General Assembly adjourned, despite its unanimous approval last week by the state House of Representatives. Last year, the roles were reversed, with the House failing to vote on the measure.

The bill would have made the Nutmeg State—the world’s third largest hedge fund center, after New York and London—the first in the U.S. to impose regulations on hedge funds. The bill would have imposed new reporting requirements on funds in Connecticut, including new conflicts of interest disclosures for hedge funds with more than $100 million in assets.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR