Monday, 27 April 2015
Last updated 23 min ago
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.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…