Wednesday, 27 May 2015
Last updated 9 hours ago
Jan 28 2009 | 2:06am ET
The drumbeat for hedge fund registation is growing louder every day.
On Monday, it was Luis Aguilar, a commissioner on the Securities and Exchange Commission, adding his voice to the growing chorus. Speaking to the Investment Company Institute’s board of governors meeting, Aguilar implored Congress to give the regulator more powers to regulate hedge funds.
“I urge Congress to close the glaring loopholes in securities regulation,” Aguilar said. “Currently, the SEC is prohibited from exerting jurisdiction over particular financial instruments that seem to fall squarely within the agency’s mission.”
Aguilar, a Democratic commissioner on the five-member SEC, joins new Treasury Secretary Timothy Geithner and SEC Chairman-designate Mary Schapiro in calling for greater oversight of hedge funds.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…