SEC still pursuing further hedge fund regulation

WASHINGTON, DC – The Securities and Exchange Commission (SEC) has not abandoned its efforts to establish more rigorous hedge fund regulation following a Washington, DC circuit court’s overturning of the Commission’s registration rule. The SEC plans to pursue emergency measures to shore up its oversight of the industry within the boundaries set by the appeals court’s ruling last month.
During testimony before the US Senate Committee on Banking, Housing and Urban Affairs on July 25, SEC chairma