Sunday, 29 November 2015
Last updated 1 day ago
Aug 24 2010 | 11:39am ET
The U.S. hedge fund industry’s main interest group cut back on its lobbying in the second quarter, even as the U.S. financial regulation overhaul neared its endgame on Capitol Hill.
The Managed Funds Association spent $980,000 lobbying in the second quarter, primarily on the matter of the now-passed Dodd-Frank financial reform law, according to a filing with the House of Representatives clerk’s office. The group also spoke with lawmakers and regulators about proposed new rules covering derivatives and credit default swaps, hedge fund registration and the Consumer Financial Protection Agency.
The group’s second-quarter lobbying cost $30,000 more than it did last year. But the MFA cut its lobbying spending by almost 30% from the first quarter, when it spent $1.37 million.
During the second quarter, the MFA lobbied members of both houses of Congress, the Commodity Futures Trading Commission, the Securities and Exchange Commission, the Department of Labor and the Treasury Department.
Oct 21 2015 | 10:41am ET
One of the most unique charity benefits in the hedge fund industry, A Leg To Stand On's (ALTSO's) Hedge Fund Rocktoberfest - NYC, raised nearly $500,000 last Thursday thanks to the generous support of major sponsors and nearly 1,400 attendees from the Tri-State finance, business and hedge fund communities. Read more…