Goldstein Plans 'Rational Regulation' Group

Apr 22 2008 | 9:33am ET

The indomitable Philip Goldstein plans to institutionalize his opposition to hedge fund regulation with a chamber of commerce for the industry.

Speaking at a San Francisco conference on marketing and advertising rules for hedge funds—restrictions that he is seeking to have tossed á la the Securities and Exchange Commission’s hedge fund registration requirement, which Goldstein sought successfully to have overturned two years ago—Goldstein said he hopes to set up a non-profit organization to lobby for “rational regulation.”

“Who could be against rational regulations?” he asked. “I’d like people to be able to contact me anonymously to have their voices heard.”

“A lot of these rules out there don’t make any sense, and I’d like to see an organization that’s willing to litigate on behalf of the industry on some of these issues because a lot of people are intimidated by the regulators,” the Bulldog Investors principal said.

Goldstein hasn’t set a timeline for the new group, tentatively dubbed the Rational Regulatory Policy Institute, Investment News reports.


In Depth

Will Liquid Alts’ Performance Sustain Future Asset Flows?

Aug 25 2014 | 10:34am ET

Liquid alternative investment funds saw the highest percentage of capital inflows...

Lifestyle

Hedgies, Economists and Musicians Mingle At Milkin Mixers In Hamptons

Aug 25 2014 | 6:00am ET

Leave it to Michael Milken to bring some gravitas and sweat to the Hamptons -- along...

Guest Contributor

Looking Ahead: What’s In Store For Managed Futures?

Aug 22 2014 | 12:52pm ET

The last five years were phenomenal for investors in equity indices. Will the next...

 

Editor's Note

    Get A Sneak Peak Of The Alpha Pages

    Aug 25 2014 | 11:21am ET

    As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…

 

Futures Magazine

July/August 2014 Cover

The time was right

Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.