Publications

SEC Plans New Approach To Pruning Hedge Funds
On June 23, 2006, a panel of the United States Court of Appeals for the District of Columbia Circuit unanimously invalidated the SEC’s recent attempt to regulate hedge funds by requiring them to register as investment advisers. See Registration Under the Advisers Act of Certain Hedge Fund Advisers, 69 Fed. Reg. 72,054 (Dec. 10, 2004) (“Hedge Fund Rule”); Goldstein v. SEC, 451 F.3d 873 (D.C. Cir. 2006) (invalidating the Hedge Fund Rule).