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Quacks or Bootleggers: Who's Behind Hedge Fund Regulation? Attempts by U.S. federal officials to regulate corporate governance have been criticized by prominent scholars as "quackery". Major reforms like Sarbanes-Oxley and Dodd-Frank may in fact do far more harm than good.
It would keep money fund regulation at the S.E.C.
A White House spokeswoman says his actions supporting hedge fund regulation prove he is not biased.
Those initiatives were aimed at improving money market fund regulation and the broader asset management industry.
He specializes in EU financial markets integration, with a particular emphasis on hedge fund regulation.
Mr. Siedle, a securities lawyer and former S.E.C. official in fund regulation, looks for fraudulent activity among pension fund managers.
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After the agency adopted its first new mutual fund regulations last month, the effort was praised by Treasury Secretary John W. Snow.
Fund regulations stipulate that applicants can receive $10,000 or 6percentt of the purchase price, whichever is higher.
European Union finance ministers are scheduled to meet Tuesday in Brussels to vote on proposed hedge fund regulations.
C1 S.E.C. Proposes Regulations The Securities and Exchange Commission proposed a new set of mutual fund regulations and announced an ambitious schedule to issue additional fund-trading rules.
It will also prompt further examination of the banking sector as world leaders, including Barack Obama and Gordon Brown, call for new International Monetary Fund regulations.
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