California Won’t Require Hedge Fund Registration

May 7 2008 | 2:00am ET

California hedge funds need not fear a local registration requirement, for now.

The Golden State’s Department of Corporations last week said it is shelving plans to eliminate an exemption that allows most hedge funds and private equity firms to avoid registering with it. The department called the move, which it had proposed in October, “premature.”

The proposal was designed to, in effect, undo the decision in Goldstein v. Securities and Exchange Commission in California. That court ruling overturned an SEC rule requiring hedge fund managers to register with the regulator.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR