The video below discusses the following issues this week:
Connecticut Does Not Pass Hedge Fund Bill
A Connecticut bill seeking to enforce transparency regulations on hedge funds was not brought to a vote at the state house of representatives. According to the Wall Street Journal, the House failed to vote on it before the 2009 legislative [...]
SEC Wins Major Hedge Fund Fraud Case Against Michael Lauer, Head of Lancer Management Group
The Securities and Exchange Commission announced that a district court judge today granted its motion for summary judgment against the architect of a massive billion-dollar hedge fund fraud. Michael Lauer of Greenwich, Conn., was found liable for violating the anti-fraud provisions [...]
State to Increase Regulation of Hedge Funds
(www.hedgefundlawblog.com) Connecticut, home of many of the biggest hedge funds in the world, may begin regulating hedge funds in a heavy handed manner. Recently state lawmakers have introduced three bills (Raised Bill No. 953, Raised Bill No. 6477 and Raised Bill No. 6480) which would greatly increase oversight of [...]