MFA Third Quarter Lobbying Costs $1.02M

Dec 13 2011 | 2:16am ET

The U.S.'s main hedge fund lobby kept its spending steady in the third quarter, according to a new filing.

The Managed Funds Association spent $1.02 million lobbying federal officials between July and September, it said in its quarterly filing with the House of Representatives clerk's office. The group discussed the implementation of the financial regulation overhaul, a registration exemption for private equity firms and required financial disclosures by private companies, as well as on proposals to limit speculative oil trading and to offer mortgage relief.

The MFA's spending mirrors that of the second quarter, when it poured $1.03 million into its lobbying efforts, but was 15% more than in the third quarter of last year, when it spent just $890,000.

During the third quarter, the MFA lobbied members of both houses of Congress, the Commodity Futures Trading Commission, the Securities and Exchange Commission and the Treasury Department.

In Depth

The Importance of Stability in the Evolving Hedge Fund Administration Market

Oct 5 2015 | 8:17pm ET

Hedge fund administration has evolved from simple record keeping to an integral,...


Citadel's Griffin Reaches Settlement in Contentious Divorce

Oct 8 2015 | 10:14pm ET

Billionaire hedge fund manager Ken Griffin and his wife have settled a long-running...

Guest Contributor

Hedge Fund Marketing To Independent RIA Firms

Sep 30 2015 | 1:56pm ET

In this contributed article, Bruce Frumerman of Frumerman & Nemeth Inc. explains...


Editor's Note