Sunday, 24 May 2015
Last updated 1 day ago
Nov 10 2006 | 12:42pm ET
The Securities and Exchange Commission is ready to give hedge fund regulation another go.
Chairman Christopher Cox told Bloomberg News that the agency will propose a new hedge fund anti-fraud rule at its Dec. 13 public meeting. The proposal, Cox said, would make it harder to invest in hedge funds.
“We’re going to make it very clear that hedge funds are risky investments that are not for mom and pop by fencing it off with higher standards to accrediting investors,” he said. Cox is reportedly in favor of doubling the minimum asset requirement for hedge fund investors to $2 million.
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…