Corporate Accountability

Latest News

“After Blackstone: Should Small Investors be Exposed to Risks of Hedge Funds?”

The Domestic Policy Subcommittee, which has oversight jurisdiction over the Securities and Exchange Commission (SEC), will hold a hearing to examine the possible risks presented to ordinary investors by the recent Blackstone Group L.P. (“Blackstone LP”) and similar upcoming initial public offerings (“IPOs”) of the management entities of hedge funds and private equity funds. The hearing will examine whether the SEC’s Investment Company Act of 1940 (the “’40 Act”) determination is likely to be accepted by the courts, whether existing investor protections are sufficient to protect ordinary investors from new risks, and whether new regulation is necessary.

Displaying Items 1 to 1 of 1:

Previous Page • Next Page

[1]