SEC is Treating Hedge Funds Like Public Enemy No. 1
If the rash of legal cases involving hedge funds over the past six weeks or so were violent crime instead of financial crime, there would be near panic in the streets. In the last three weeks, 15 people at 13 firms were in the news over some case related to hedge funds.
Stephen Taub
September 22, 2011
A security officer stands outside the U.S. Securities and Exchange Commission headquarters in Washington, D.C., U.S., on Tuesday, May 10, 2011. The SEC, after passing rules last year that made money-market mutual funds more liquid and more transparent, is considering whether further changes are needed. Photographer: Rich Clement/Bloomberg
Rich Clement/Bloomberg
