Wednesday, 22 March 2017
Last updated 48 sec ago
Sep 30 2006 | 9:09am ET
The Securities and Exchange Commission said this week that 116 hedge fund advisers have deregistered in the wake of the court ruling tossing the requirement.
Of those, 76 said they withdrew because of the court decision.
According to SEC Spokesman John Heine, 34 advisers have registered since the decision, leaving the SEC with about 2,500 registered.