Tuesday, 31 July 2007

US SEC has hedge fund unit to fight insider trades

(Reuters) - The SEC recently adopted a rule that allows it to go after
hedge fund advisers who make false or misleading statements.




The $1.5 trillion hedge fund industry is being heavily
scrutinized after the high-profile collapse of Amaranth
Advisors LLC and well-publicized problems at two
Bear Stearns Cos hedge funds.


Read more at Reuters.com Government Filings News

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