| 15.07.2013 Opalesque Exclusive: U.S. SEC lifts 80-year old solicitation and advertising ban: hedge fund news, week 28 |
| On Wednesday, the U.S. Securities and Exchange Commission voted to lift a ban on general solicitation and general advertising found in the Securities Act of 1933; the lifting drew positive reactions from market participants and industry insiders, while consumer groups expressed concern of possible fraud; it was said that hedge fund managers must identify the uniqueness of their portfolio now that |
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