Thu, Feb 11, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Senior SEC official supports hedge fund ads

Tuesday, May 21, 2013

From Precy Dumlao, Opalesque Asia – All roads are leading to the lifting of the hedge fund advertising rule, as another senior official from the Securities and Exchange Commission (SEC) said she favors allowing hedge funds to publicly advertise.

But SEC Commissioner Elisse Walter said the rule allowing hedge funds to advertise their products should also include a provision that protects investors. She said the decades-old ban should be lifted but added the SEC must take a look at some recommendations given by an investor advisory committee, reported Marketwatch.com.

"We have a proposal out there, and it’s a very shockingly stark proposal how streamlined it was and how few questions it asked," Walter was quoted as saying by the report.

Walter is the second senior SEC official who added their voice favoring the lifting of the hedge fund rule as one of the provisions under the JOBS Act, the legislation approved by Congress in April 2012 seeking to ease access to capital for small and mid-sized companies.

Last month, SEC chairman Mary Jo White said he would push to adopt a rule allowing hedge funds to advertise in a move consumer advocates say could fail to protect unsophisticated investors.

According to BusinessW......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Credit Suisse cherry picks hedge fund ideas[more]

    From FT.com: Credit Suisse Asset Management plans to cherry pick profitable concepts from hedge funds with the launch in Europe of a “best ideas” strategy. The investment arm of the Swiss bank said the strategy will separate it from other funds blighted by “overcrowding problems”. It comes at a time

  2. Investing - Hedge funds bet on risks in U.S. blue-chip debt, Hedge funds bets against bank credit risk paying off, Tiger Global still likes Internet names, gets pointers from Jeter[more]

    Hedge funds bet on risks in U.S. blue-chip debt From WSJ.com: Hedge funds are betting the next bond sector to crack will be the $4.5 trillion market for the safest U.S. corporate debt. New York’s Perry Capital has placed a $1 billion wager against investment-grade bonds issued by 10 comp

  3. Short Selling - Hedge fund manager Kyle Bass is shorting real estate—again, Top US hedge fund has €80m short position in Paddy Power Betfair[more]

    Hedge fund manager Kyle Bass is shorting real estate—again From Fortune.com: He also predicted the mortgage crisis in 2008. Hedge fund manager Kyle Bass, who runs Dallas-based Hayman Capital, tanked the stock of a little-known real estate financier Friday by revealing that he is shorting

  4. Investing - Real estate secondaries sole 'bright spot' in 2015, As hedge funds stumble, one firm prepares to buy illiquid stakes[more]

    Real estate secondaries sole 'bright spot' in 2015 From IPE.com: The secondary market for property was the sole “bright spot” over the course of 2015, as hedge fund secondaries saw deals fall by two-thirds, according to a wide-ranging survey of the market. Setter Capital said 2015 saw th

  5. Opalesque Exclusive: Directors want to be considered trusted partners by new manager[more]

    Benedicte Gravrand, Opalesque Geneva for New Managers: A hedge fund director provides her perspective on emerging hedge fund managers. She will happily work with those who have set themselves up for future growth, s