President Discusses Future Financial Regulations in Advance of G20 Earlier today President Obama gave a speech in New York discussing the administration’s future plan for greater regulation of the financial markets in the wake of the financial crisis of 2008/2009.  Speaking strongly the President said: So I want everybody here [...]

At the very beginning of this year a bill was introduced to change the Employee Retirement Income Security Act of 1974 (ERISA) to require defined benefit plans to disclose their interest in hedge funds.  The definition of hedge fund for the purposes of the act is very broad and would [...]

SEC’s Madoff Investigation = Stunning Failure As has been widely reported, the Inspector General has released a 450 page report on the SEC’s stunning failure to uncover the Bernard Madoff Ponzi scheme.  Below I have republished some of the more interesting items from the summary portion of the report (emphasis [...]

New Investment Opportunities for Hedge Funds A recent New York Times article discusses how some investment banks are planning to securitize life settlement policies.  The article explains that there is likely to be a strong demand for such securities.  Much like the securitization of mortgages, life settlement securities would have [...]

Review of State Investment Advisory Fee Rules One of the things I have tried to emphasize within this blog is that there is no “one size fits all” legal solution to hedge fund formation.  Each client/manager has a unique set of circumstances and will be subject to a potentially different [...]

One of the interesting aspects about having a hedge fund blog is that it provides me with the opportunity to connect with many people in the hedge fund industry whom I would normally not have a chance to meet.  I also have the opportunity to talk with various media publications [...]